Wednesday, March 25, 2009

Carbon cap-and-trade system coming soon, energy adviser says

http://www.calgaryherald.com/Business/Carbon+trade+system+coming+soon+energy+adviser+says/1413165/story.html
'My goodness, this is a president who clearly campaigned as if he believed what he was saying.' That comes as a shocker to a lot of people."

Obama's system would force coal-fired power plants -- which generate half of U.S. electricity -- and other large emitters, including oil and gas producers, to buy permits to release carbon into the atmosphere.