Perspective: Regional Greenhouse Gas Cap-and-Trade Programs May be the Solution
Green Car Congress
APRIL 10, 2010
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. To be credible, as noted above, an offset should equate to an emission reduction from a direct emission source, such as a smokestack or exhaust pipe.
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