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Is a national climate control plan in our future?

Posted on 15 October 2008

From Chicagotribune.com: Regional alliances enlist cap-and-trade approach to curtail greenhouse gases. In what are likely to be blueprints for a national effort to fight climate change, clusters of states on the East and West Coasts and in the Midwest are setting up marketplaces for electric utilities and other companies to buy and sell credits to emit carbon dioxide and other gases responsible for global warming.

Building on a voluntary market system pioneered in Chicago, 10 Northeastern states recently launched what they are billing as the biggest, most coordinated effort yet in the U.S. to take on climate change by mandating that electric utilities take part in an emissions-allowance trading program….. Full Article: Source


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VRS - who has written 36970 posts on Opalesque Commodities Briefing.


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