House Panel Releases Plan for Capping CO2 Emissions

Democrats on the House Energy and Commerce Committee released a white paper recommending that the U.S. take up a mandatory cap-and-trade program for reducing greenhouse gas (GHG) emissions 60% to 80% by 2050. Committee chairman John Dingell (D., MI) and Representative Rick Boucher (D., VA) say they released the paper to detail recommended action and identify issues for further discussion with House Republicans. The proposed program would cover five types of GHG: carbon dioxide (CO2), which was 84% of U.S. GHG emissions in 2005; methane, 7%; nitrous oxide, 7%; and...

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