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Environment

Business Group Seeks Greenhouse Gas Cap

by Michael McCoy
January 19, 2009 | A version of this story appeared in Volume 87, Issue 3
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A coalition that includes Dow Chemical and DuPont has unveiled a set of policy recommendations aimed at creating an economically sustainable climate protection program. The U.S. Climate Action Partnership is urging Congress to require an 80% emissions reduction below 2005 levels by 2050 through an economy-wide cap-and-trade program. To manage program costs, it is calling for the distribution of some free emissions allowances and the use of offsets.

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