Word: caps
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...Wednesday (the day after Republican Scott Brown, an opponent of cap and trade, seized a U.S. Senate seat in Massachusetts), a new scandal broke over climate science. Faced with criticism of a widely quoted piece of analysis from its 2007 climate assessment that warned that Himalayan glaciers could melt by 2035, the U.N. Intergovernmental Panel on Climate Change (IPCC) was forced to admit to relying on dubious scientific sources, apologized and retracted its earlier estimate. That estimate of the rate of Himalayan glacier loss because of warming, which appeared in the same assessment that earned the global body a share...
...voted in favor of Massachusetts joining the Regional Greenhouse Gas Initiative, a pact among northeastern states requiring power plants to reduce emissions or to buy carbon credits. He now says he would vote against the initiative as well as a federal cap-and-trade bill...
...captain Louis Caputo (184 lbs.) took control of his bout, punishing Casen Aldridge with a 9-1 major decision to cap another undefeated weekend. The two-time All-American moved to third all-time on the Crimson win list with 114 victories, just one behind O’Connor...
What's needed? At the U.N. on Thursday, institutional investors from the U.S., Europe and Australia who represent more than $13 trillion in assets called for Congress and other policymakers to take swift action, principally through a cap-and-trade bill, which would limit the amount of carbon industry can produce and allow manufacturers to buy and swap credits, so that those who come in under the limit can sell polluting permits to those who exceed it. It's speculative capitalism with a bright green tint. For the idea to work, the private-investment community needs TLC from government policy...
...they getting TLC in Washington. The House of Representatives has already passed a cap-and-trade bill, but the going will be tougher in the Senate, where supporters will need to get 60 votes to overcome a Republican filibuster. Already, conservative Democrats - especially from the coal-dependent states of the Midwest and South - have made noises about opposing a cap-and-trade bill or perhaps replacing it with a law that would include wider support for clean energy but without the price on carbon. That, however, might not be enough to kick-start scaled-up clean-energy investments. "Without...