Perspective: Regional Greenhouse Gas Cap-and-Trade Programs May be the Solution
Green Car Congress
APRIL 10, 2010
A limit was imposed on emissions from the power plants, and utilities were allowed to buy and sell permits to comply. The Cantwell-Collins plan is almost exactly what Mr. Obama proposed in the campaign and after first taking office–a 100 percent auction of permits and a large tax rebate to the public. Senators Lindsey Graham (R-S.C.),
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