Big Oil asks Senate for carbon fee on industry
5 Mar 2010
Key United States senators are weighing a request from Big Oil to levy a carbon fee on the industry rather than wrap it into a sweeping cap-and-trade system that covers most of the nation’s economy.
If accepted, the approach - supported by ConocoPhillips, BP America and Exxon Mobil - could rearrange the politics of the Senate climate debate and potentially open up votes that may not be there otherwise, the New York Times says.
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