Carbon Dioxide Regulation Inches Closer
The Journal’s report that EPA will soon begin rule-making on carbon emissions should be enough to spur Congress into action. This effort will be the mother of all environmental battles and one with huge economic outcomes (and they’re not good) if the legislators get it wrong. Watch for carbon-dioxide legislation to emerge over the next year as the key battle for a green future, one likely to become a major political issue in the 2010 mid-term elections. Means and methods count huge in the carbon regulation business and there’s no real agreement on them at this time.
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