Wednesday, October 03, 2007

House Committee on Energy Publishes White Paper on Climate Change Legislation Policy Options

The House Committee on Energy has released the first of several planned white papers on potential climate change legislation. The Committee's first white paper provides background information on the potential scope of a national carbon cap-and-trade program.

Future white papers will address "a number of other cap-and-trade design elements and additional topics, including: cap levels and timetables, measures for containing costs in a cap-and-trade program, carbon sequestration, offsets and credits, developing countries, distribution of allowances, and additional measures to implement the cap-and-trade program."

via Green Car Congress

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