Sacramento Bee: A promise of big money has a way of quieting nagging questions. So it is with California's cap and trade program. The Air Resources Board is pressing ahead with the creation of a market to begin reducing greenhouse gas emissions. Answering doubters, the ARB estimates the state will receive $1 billion a year in revenue. In this cash-strapped state, many interests have their hands out. Environmentalists see ways to fund their projects, legislators hope to use it to pay for their favored programs,...
URL: http://www.sacbee.com/2012/05/27/4517606/can-market-for-clean-air-credits.html
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