Saturday, February 27, 2010

Cap and Trade is working -- in the U.S.

You may be forgiven for forgetting that all the Northeast states (except Pennsylvania) got together a couple of years ago and set up a cap and trade for carbon emissions. Since then, all the focus has been on Congress, and the momentum lost when the Senate refused to act on the House's early passage of a decent bill. Meanwhile, the Northeast state deal launched, and now has a report card. The report, according to Sightline, is good. Not perfect, but good. Cap and trade works.

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Sightline Daily - Northwest News that Matters

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