American ETS cost estimates parallel New Zealand’s
20 Mar 2008
New Zealand seems to be pretty much on the button when it comes to forecasting the costs of its emissions trading scheme (ETS), to judge from the Environmental Protection Agency’s (EPA) guesstimate of the United States model.
The EPA yesterday issued its economic analysis of Congress’s Leiberman-Warner Climate Security Act that provides for a US ETS, and which all three leading candidates for this year’s presidential election – Hillary Clinton and Barack Obama of the Democrats, and John McCain of the Republicans – are committed to pass into law.
... login or subscribe for full story