Why the Business Community Is Wary of Cap-and-Trade: a View From Virginia
Special to Roll Call
The House recently passed a controversial bill that seeks to establish an emissions trading structure referred to as cap-and-trade. It passed by a very slim margin, mostly along party lines, and was opposed by 44 Democrats. If the bill manages to pass a vote in the Senate and is signed by President Barack Obama, it would impose strict limits on the carbon-based energy used by American businesses.
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Cardin: U.S. Needs to Keep Pace Developing Energy Technology
Feb. 8, 12 a.m.
Today, too many Americans are out of work. Today, we will send $1 billion overseas to satisfy our appetite for foreign oil, while the Chinese will continue their massive investment in clean energy technology. Today, our nation faces an economic crisis, an energy crisis and a global climate crisis. Read Full Article
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