Preparing For A Carbon Cap-And-Trade Marketplace

摘要

Energy markets are changing. In the past, all that mattered was price and reliability. In the near future, there will be additional components to consider: carbon content and carbon cost. The current administration and Congress are rapidly moving toward the implementation of a mandatory carbon compliance system and a carbon cap-and-trade market.rnThe legislation, authored by Energy and Commerce Chairman Henry Waxman, may be passed yet this year. If this occurs, the Waxman bill will implement a carbon cap-and-trade market by 2012 and further President Obama's plan to reduce the country's carbon dioxide emissions 20 percent by 2020.