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Obama plan has $79 bln from cap-and-trade in 2012

Posted on 27 February 2009

From Bloomberg: President Barack Obama’s budget plan assumes $78.7 billion in revenue in 2012 from the sale of greenhouse-gas emission permits to polluters, putting pressure on Congress to pass legislation by early next year.

A “cap-and-trade” program would generate a total of $645.7 billion by 2019, according to the budget blueprint Obama sent to Congress today. …. Full Article: Source


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