California leads the way on cap and trade - will the nation follow?
Mondaq Business Briefing › Nbr. 2008, March 2008
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California leads the way on cap and trade - will the nation follow?
When President-elect Barack Obama announced his choices for the top energy and environmental posts tasked with carrying out what he promises to be an aggressive agenda to curb global warming, he noted: "Consistently, California has hit the bar and then the rest of the country has followed." Among other proposals, Obama has called for a mandatory, economy-wide emissions cap to cut carbon dioxide and other heat-trapping gases 80 pe...
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