Cap-and-Trade Floated for GHG Emissions

Blankinship, Steve
November 2007
Power Engineering;Nov2007, Vol. 111 Issue 11, p38
Trade Publication
The article focuses on a white paper released by the U.S. House Committee on Energy and Commerce regarding greenhouse gas (GHG) emissions in the country. Based on the conclusion of the white paper, the country must reduce its greenhouse gas emissions by between 60 percent to 80 percent by 2050. The paper also recommends the country to adopt an economy-wide, mandatory GHG reduction program. It also states that a GHG reduction program will mirror the existing Acid Rain Program. The paper also reveals that a cap-and-trade program must cover carbon dioxide, methane, nitrous oxide and fluorinated gases.


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