Tuesday, March 3, 2009

Cap and Trade - how does it work?

The new administration has outlined its plan to address the energy challenges we face. Part of it is a Cap and Trade agreement, which will reduce CO2 emissions by a whopping 80% by the year 2050. Sounds awesome to me. But how does it Cap-and-Trade system actually work? What does it mean? EDF provided a good introduction, check it out...

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