Obama's Carbon Trading Plan Too Optimistic?

Moresco, Justin
March 2009
Red Herring;3/25/2009, p3
Trade Publication
The article reports on the opinion of Erik Blachford, chief executive officer (CEO) of TerraPass, on the carbon trading plans of U.S. President Barack Obama. According to Blachford, the timeframe targeted by the president to implement a nationwide cap-and-trade system for carbon emissions is overly optimistic. In his 2010 budget proposal, the president estimated that cap-and-trade system would be operational by 2012.


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