Challenge to Carbon Trading Fails

New York Times: A New York State Supreme Court justice has dismissed a lawsuit that sought to end New York's participation in the multIstate carbon trading system known as the Regional Greenhouse Gas Initiative, or RGGI. Members of Americans for Prosperity, a group founded and largely financed by oil industry interests, filed the suit last year in state Supreme Court in Albany against Gov. Andrew M. Cuomo and two state agencies, arguing that the program imposed what amounted to an illegal tax on electric ratepayers....

URL: http://green.blogs.nytimes.com/2012/06/14/challenge-to-carbon-trading-fails/