http://www.commondreams.org/newswire/2009/02/23-1
COMMON DREAMS: President Obama's proposed cap-and-trade plan for reducing greenhouse gases will not achieve the reductions quickly enough to prevent devastating climate change, according to an analysis posted today by Public Employees for Environmental Responsibility (PEER). The broad political support for cap-and-trade scheme is rooted in its biggest flaw - that an incremental approach designed to keep prices for carbon-based energy low will be insufficient to accomplish a quick shift in energy sources.
COMMON DREAMS: President Obama's proposed cap-and-trade plan for reducing greenhouse gases will not achieve the reductions quickly enough to prevent devastating climate change, according to an analysis posted today by Public Employees for Environmental Responsibility (PEER). The broad political support for cap-and-trade scheme is rooted in its biggest flaw - that an incremental approach designed to keep prices for carbon-based energy low will be insufficient to accomplish a quick shift in energy sources.
