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30 Jun 09
The Waxman-Markey Bill: A Good Start Or A Non-Starter? - Yale Environment 360
As carbon cap-and-trade legislation works it way through Congress, the environmental community is intensely debating whether the Waxman-Markey bill is the best possible compromise or a fatally flawed initiative...
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No matter what form it finally takes, the bill is historic. For the first time, the U.S. government would cap and regulate emissions of carbon dioxide.
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But even erstwhile allies in the environmental movement are split over the bill. Their disagreement is centered on the many compromises — including a weakening of emissions and renewable energy targets — that the bill’s sponsors were forced to make in order to win approval in the House Energy and Commerce Committee.
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