Tuesday, February 24, 2009

US budget to have CO2 revenues by 2012-W.House

http://www.reuters.com/article/marketsNews/idUSN2440610920090224
REUTERS: U.S. President Barack Obama's budget accounts for revenues from an emissions trading system in 2012, White House spokesman Robert Gibbs said on Tuesday."That's true," Gibbs said when asked whether a cap-and-trade system for greenhouse gases would be in place in time for revenues to be generated by 2012.The president, a Democrat, has said he wants the United States to take the lead in fighting climate change.