PANEL: CAP-AND-TRADE NEEDS TO COOL OFF BEFORE BEING REINTRODUCED

摘要

The idea of a cap-and-trade emissions reduction program is not dead in Congress, but advocates need to take a step back and regroup for a few years before trying to revamp the concept to the public, a panel of cap-and-trade experts said at a forum held by the International Emissions Trading Association earlier this week. "I think we have a few-year rebuilding exercise, and I wouldn't rush it," said Jason Grumet, president on the Bipartisan Policy Center. "I think running back to Congress right now and trying to explain that this is a really good idea and that they just didn't understand it [last year] would be counter-productive. We need to go back to basics."