Lawmakers Will Proceed On Climate Plan

The Washington Post, October 4, 2007
The first in a series of white papers outlining a cap-and-trade system to cut GHG emissions by 60 to 80 percent from current levels by 2050 was released by House Energy and Commerce Chairman John D. Dingell and Energy and Air Quality Subcommittee Chairman Rick Boucher. Under the system, the federal government would distribute GHG allowances that could be bought and sold, although the lawmakers left open the possibility of using taxes as well.
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