Wednesday, June 11, 2014

MIT Study Finds Obama's Power Plant Rule More Costly than Putting a Price on Carbon

Smokestack dollars (Credit: econews.com.au) Click to enlarge.
It turns out that cap and trade might not be so bad after all.  New research shows that reducing carbon emissions through regulations like the administration's recent rules on power plants cuts less carbon at a higher price than the embattled climate policy Congress failed to pass in 2010.

MIT Study Finds Obama's Power Plant Rule More Costly than Putting a Price on Carbon

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