New Report: The European Union Emissions Trading System in PerspectiveValuable Lessons for Policymakers The latest report from the Pew Center, "The European Union's Emissions Trading System in Perspective", examines the development, structure, and performance of the system to date.In addition to assessing the system's initial objectives and outcomes, this report addresses common misperceptions of the trading system's performance and explores the lessons of the EU-ETS that Congress can draw on as it contemplates an American cap-and-trade system. (May 8, 2008)Visit the new EU-ETS report page to download the report and related materials. U.S. States & RegionsOhio Adopts Alternative Energy Portfolio Standard On May 1, 2008, Governor Ted Strickland signed into law a bill that establishes an alternative energy portfolio standard for the state of Ohio.The bill also creates a renewable energy credit tracking system, which allows utilities to buy, sell, and trade credits to comply with the renewable energy and solar energy requirements. Upcoming EventsThe Costs of Doing BusinessIn a Cap-and-Trade WorldMay 20, 2008The Pew Center's Janet Peace will speak at an event hosted by the National Chamber Foundation.The conference will focus on day-to-day compliance issues that businesses may encounter should a cap-and-trade system be implemented in the United States.Registration Information BusinessContaining Costs of Cap & Trade In a recently released discussion paper, the U.S. Climate Action Partnership discusses key principles that any cost containment measure should take into account. The Pew Center is a founding member of the USCAP, a business-NGO coalition that supports mandatory domestic climate policy. Pew Perspectives SpeechesEileen Claussen speaks at the Aluminum Association Spring 2008 Meeting. (April 22, 2008)WebchatsElliot Diringer participated in a U.S. State Department Ask America webchat. (April 22, 2008) More Pew Center speeches and articles Donating to the Pew CenterWe are at a critical juncture in the climate change debate. While it is clear that it will take decades to reduce greenhouse gas emissions to acceptable levels, it is equally clear that we must begin now. Your financial support will help us as we continue our work toward environmentally effective and economically viable solutions to this challenge.