The US government is planning to use the Environmental Protection Agency to combat climate change, in a move that could create new opportunities for carbon traders, according to lawyers and analysts.
Proponents of carbon trading schemes in the US have often felt like a bride jilted at the altar. In 2009, they were flush with optimism after the House of Representatives passed the Waxman-Markey Bill, which would have established a federal cap-and-trade programme to reduce carbon emissions, but their hopes were crushed when the bill failed to pass the Senate...............................................Full Article: Source |