Word: greene
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...their pollution. But there are incentives. Constraints on carbon boost prices, which means that alternative sources of power become competitive. What's more, if emitters come in beneath their limits, they can sell their extra allowances to other hungry companies. This means there's not just virtue in going green but money to be made as well...
...marketplace to fight warming, a concept that helped Republicans like McCain, the presumptive GOP nominee, fall in love with the idea. What's more, it works. Cap and trade was used in the 1990s to limit sulfur dioxide emissions and help tame acid rain. The most promising piece of green legislation now on Capitol Hill, co-sponsored by independent Senator Joseph Lieberman of Connecticut and Republican Senator John Warner of Virginia, is a cap-and-trade proposal. The bill is popular, but that doesn't mean it's going to pass. For some fence sitters, the chief obstacle...
...support the bill during hard economic times. To bring them around, the bill's supporters must make the case that cap and trade's costs are dwarfed by its benefits--not just averting a climate catastrophe but also jump-starting clean-energy industries and creating millions of new "green collar" jobs...
...green jobs that cap and trade could help create would be a big employment sector--including production of wind turbines, pollution scrubbers and more. Obama and Clinton talk about spending $150 billion over 10 years to create millions of those jobs, but it's the sale of pollution allowances that would raise that money. No cap and trade, no jobs. That seems simple--but not to the campaigns...
...complicated to talk about on the stump," says a Clinton adviser. But the way Clinton and Obama do talk about it makes green jobs sound too easy, like a federal employment program for Keebler elves. "These are real jobs, but it comes across as happy talk," says United Steelworkers president Leo Girard...