An Overview of Cap & Trade
Mar 26th, 2009 by prenova
President Barack Obama has proposed new environmental regulations designed to reduce carbon emissions. His plan includes a Cap & Trade strategy similar to the European Union’s Emissions Trading System. The administration expects this approach to generate hundreds of billions of dollars in revenue for the federal government. In this podcast, Prenova’s Vice President & General Counsel, Philip “Whit” Engle provides an overview of Cap & Trade and discusses what companies can do right now to prepare for new legislation if and when it comes.
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