Perspective: Regional Greenhouse Gas Cap-and-Trade Programs May be the Solution
Green Car Congress
APRIL 10, 2010
Cap-and-trade was first tried on a significant scale twenty years ago under the first Bush administration as a way to address the problem of airborne sulfur dioxide pollution–widely known as acid rain–from coal-burning power plants in the eastern United States. Cheap debt issuance alone, even if backed by the full faith and credit of the U.S.
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