National Science Academy Says U.S. Needs a System for Pricing Emissions
2:14 PM MDT | May 25, 2010 | Vincent Valk
The National Academy of Sciences (NAS; Washington) says the U.S. needs to establish a system for placing a price on carbon dioxide and other greenhouse gas (GHG) emissions, as well as a national â€śbudgetâ€ť that would require sources to slash emissions 80% from 1990 levels by 2050. The report, commissioned by Congress more than two years ago, also advocates an â€śeconomy-wide price on carbonâ€ť in the form of a cap-and-trade program or a carbon tax. NAS also upholds statesâ€™ right to establish their own emission reductions programs, a position industry groups...
If you have already signed up for access to Chemical Week Regulatory Watch, please log in here.
Forgot your user ID or password? Click here to have it sent to you.