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Abstract
This paper is addressed to policy analysts and those concerned with the development of cost-effective regulatory control programs. It examines the use of emission fee and Transferable Emission Reduction Assessments (TERA) control programs for control of VOC emissions in the Twin Cities/St. Cloud, Minnesota, area, instead of the imposition of RACT as required in the 1977 Clean Air Act Amendments. Cost savings and institutional issues associated with these alternative approaches are identified.