The US utility sector has thrown its support behind an aggressive cap-and-trade plan that specifically targets the greenhouse gas emissions of electric utilities.
If passed, the bill would establish a government-run cap-and-trade programme for all US electricity generators, forcing them to submit to nationwide emissions caps that would be tightened over time.
The first cap would take effect in 2011 and would require an emissions reduction of 6% below anticipated levels. The cap would be tighte
The week on Risk.net, May 12-18, 2018Receive this by email