EPA's carbon regulation is only a precursor to proper climate legislation

01/4/2010 | NYTimes.com

The Environmental Protection Agency's decision to regulate carbon emissions shouldn't be feared by businesses, writes James McWilliams in this blog post. Instead, the industry should see this as a rallying point to push Congress for climate-change legislation because emissions will not remain unregulated. Moreover, the legislation may prove to be advantageous for agriculture because a cap-and-trade system will enable U.S. farmers to sell carbon-emission offsets, McWilliams writes.

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