Like July waters in an Alpine lake, reactions continue to accumulate to the U.S. House's passage of the 1,201-page Waxman-Markey climate legislation. The reviews are mixed. In the Los Angeles Times, Todd Darling writes:The bill...proposes a market-based carbon trading plan that mirrors a European system initiated in 2005. This plan requires polluters to obtain government-issued carbon credits, which then allow them to pollute above the agreed-on limit....the Waxman-Markey plan...gives 85% of...
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