Tuesday, November 15, 2011

Greenhouse Gas Effort Was a Success, Study Says, Even if Political Winds Blow the Other Way - NYTimes.com

Greenhouse Gas Effort Was a Success, Study Says, Even if Political Winds Blow the Other Way - NYTimes.com



November 15, 2011, 7:29 am
Carbon Trading Initiative a Success, Study Says
By MATTHEW L. WALD

The Regional Greenhouse Gas Initiative, a 10-state program that has been testing a carbon dioxide cap-and-trade system, may be in trouble, with New Jersey planning to drop out and other states considering doing the same.

But a new study says the program has saved money for consumers, stimulated job growth and kept money in local economies in the states that signed up.

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