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Acid Rain is a form of environmental pollution caused by the release of sulfur dioxide and nitrogen oxide into the atmosphere. These pollutants react with water, oxygen, and other chemicals to form sulfuric and nitric acids, which then fall to the ground as rain, snow, or fog. Acid Rain can have a devastating effect on the environment, damaging forests, lakes, and other ecosystems. It can also corrode buildings and monuments, and contaminate drinking water.
The Acid Rain market is a subset of the larger environmental market, and is focused on the development of technologies and solutions to reduce the amount of sulfur dioxide and nitrogen oxide released into the atmosphere. This includes the development of cleaner burning fuels, the installation of scrubbers and other pollution control devices, and the implementation of emissions trading schemes.
Companies in the Acid Rain market include BP, Chevron, ExxonMobil, Shell, and Total. Other companies involved in the market include Siemens, ABB, and GE. Show Less Read more