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Cap-and-trade crossfire intensifies

Published Wednesday, November 04, 2009

Like that old poem about the blind men describing the elephant, perspectives on cap-and-trade programs to reduce carbon emissions seems to depend a great deal on which part of that bulky animal is being examined. Some analysts are delighted with what they are feeling, while others sense only tusk-sharp trouble. According to a new report released this week by the American Council for an Energy-Efficient Economy (ACEEE), for example, U.S. consumers will see a net reduction of $13 billion in 2020 and $46 billion in 2030 in their gasoline expenditures ($100 and $326 in ...

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