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Cap-and-Trade Plan: Climate Change Reactions

Posted on June 28, 2009

A cap-and-trade plan to combat climate change gets a bit closer to reality today as the American Clean Energy and Security Act of 2009, a 1,200-page bill requiring the U.S. to cut reduce greenhouse gas emissions by 17% from 2005 levels by 2020 and about 80% by the next century looks set to pass the House. Ahead of a final vote, analysts are weighing in on what it could mean for companies and investors. Mostly bad things, it turns out....

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climate change , emissions , greenhouse gas