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Utilities Willing to Go First -- but Not Alone -- on Emission Limits
The New York Times (Mar 3 2010) Cap and Trade , Carbon Tax , Emissions
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The heads of several prominent utilities say they would not necessarily object to the power sector being the first industry subject to carbon emission limits under proposed climate change legislation.
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Utilities played a significant role in the House-passed climate bill (H.R. 2454 (pdf)) that set an economywide cap-and-trade mechanism, but Sens. John Kerry (D-Mass.), Lindsey Graham (R-S.C.) and Joe Lieberman (I-Conn.) are moving in a different direction.
The "gang of three" is pushing toward a plan to set ...
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