3/2/2009

President Barack Obama plans to implement a cap-and-trade program to curb greenhouse-gas emissions. The program will auction 100% of pollutions permits and will not provide exemptions for any industry. The Obama budget also calls for reductions in carbon emissions of 14% from 2005 levels by 2020 and gives the Environmental Protection Agency's 2010 budget a 34% increase.

Full Story:
NYTimes.com

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