Cap and trade loses luster as preferred system for climate policy

03/25/2010 | New York Times (tiered subscription model), The

The weak economy, robust industry opposition and the complex Wall Street crisis led to cap and trade's demise as the preferred mechanism to curb greenhouse-gas emissions, according to this article. Cap and trade became "too polarizing and too paralyzing," said Fred Krupp, president of the Environmental Defense Fund.

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New York Times (tiered subscription model), The

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