Europe is moving forward with plans to reduce greenhouse gas emissions from vans. The European Commission has today proposed tough new CO2 cap for vans at just 175g/km of CO2 or at least 42.8mpg by 2016. The new law would mean that van makers would need to ensure that the average fleet emission level was below 175g/km phased-in from 2014 to 2016, in the same way which carmakers are required to meet a fleet average of 130g/km of CO2 by 2012. There would also been a long term emission reduction
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Exelon CEO: Cap and trade is best approach for economy Exelon Chairman and CEO John W. Rowe said yesterday that cap-and-trade is the best approach for addressing global warming while sustaining an economic recovery. In a keynote address at the PennFuture Southeast Global Warming Conference in Penn Valley, Pa., Rowe said reducing carbon emissions will cost money, but the alternatives to cap-and-trade will cost more. “The best way to address the climate problem and protect our nation’s fragil
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Our guest blogger is Rep. John Conyers (D-MI), Chairman of the House Judiciary Committee and sponsor of HR 676 (”Medicare for All”). In his speech last month, President Obama explained that his ideal health care reform plan would include a cap on out of pocket costs because “in the United States of America, no one should go broke because they get sick.” A recent study has found that health care costs contributed to 62 percent of bankruptcies in 2007 – despite the fact that three qu
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| Sourced From NYTimes.com |BRUSSELS — Carbon trading put the European Union in the environmental vanguard. Since 2005, the trade bloc has operated the world’s only continentwide system that puts a cap on greenhouse gas emissions and that requires major polluters to hold tradable allowances.But the system has also been the most “costly climate policy program in the world,” according to Jürgen R. Thumann, the president of BusinessEurope, a powerful confederation of industry and employer groups.Mr
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Until recently, the environment was a bipartisan issue. Consider: The EPA became a cabinet-level agency during the Nixon administration . The 1990 amendments strengthening the Clean Air Act were adopted by a 89-11 vote in the U.S. Senate . Previous sponsors of climate legislation to cap emissions of greenhouse gases were Senators McCain [R], Warner [R] and Lieberman [D-I] . Conservative and conservation, after all, derive from the same root. Regrettably, the climate issue isn’t
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