McCain emissions trading pledge important for NZ's heavy emitters
14 May 2008
A pledge by US Republican presidential candidate John McCain to present a cap and trade emissions trading law to Congress to “change the dynamic of the American economy” will be reassuring to heavy emitters in New Zealand.
In remarks he prepared to give at a wind technology firm in Portland, Oregon, Mr Cain said he would produce a plan setting goals on U.S. greenhouse gas emissions, including a return by 2012 to 2005 levels of emission, and by 2020 to 1990s levels.
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