| The Obama administration offers a carbon trading system as an option for states that don't want to comply with emissions cuts. If enough states "just say no" to the Obama administration’s Clean Power Plan, refusing to impose limits on the carbon dioxide emissions of electric utilities within their borders, that could hasten the emergence of an interstate cap-and-trade regime designed by the federal government.
This approach is spelled out in a proposed federal implementation plan published by the Environmental Protection Agency on Monday, alongside the final regulations that for the first time govern carbon pollution from power plants that burn fossil fuels...............................................Full Article: Source
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