Obama, EPA actions make cap-and-trade more likely

Posted on September 6, 2012 by Cowboy Byte


President Obama’s use of executive authority and his Environmental Protection Agency’s (EPA) interpretation of existing laws might have laid the groundwork for renewed cap-and-trade efforts, political experts said Wednesday.
The courts have approved many of the EPA’s pollution regulations, giving Obama license to propose new rules, former EPA Administrator Carol Browner said during a Politico-hosted panel discussion at the Democratic National Convention in Charlotte, N.C.
She explained those court victories have created momentum that might make industry-specific cap-and-trade plans more palatable than the prospect of facing new regulations. Though comprehensive cap-and-trade legislation might be off the table for now, she said that dynamic opens opportunities for piecemeal progress on cap-and-trade, she said.


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Obama, EPA actions make cap-and-trade more likely | CowboyByte