Wednesday, October 08, 2008

US plan to cap and trade emissions


"Politically, scientifically, legally, and morally, the question has been settled: regulation of greenhouse gases in the United States is coming,"

So wrote John Dingell (House Energy and Commerce Committee Chairman) and Rick Boucher (energy and air quality subcommittee Chairman) in a letter explaining the 461-page draft, which has been in the works for two years and was the subject of more than two dozen hearings.

US Democrats released draft legislation to reduce emissions, which will be refined in coming months for introduction year.

It suggests capping emissions by 80% come 2050.

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