cap and trade

As California voters wait to find out whether they've suspended a major global-warming law, which requires the state to scale back carbon emissions 25% to 1990 levels by 2020, New Mexico on Tuesday passed its own measure to reduce greenhouse-gas emissions -- but it only takes effect if other states follow suit.

Billionaire philanthropist George Soros has thrown his hat into the green-investment ring, pledging to spend $1 billion on clean energy. The 29th richest man in the world with a net worth of about $11 billion, Soros suggested he is interested in investing in technologies that are profitable and...

The main goal of the proposed cap and trade bill is to reduce the level of harmful greenhouse gas emissions. To achieve this objective, Congress has crafted a plan to place a cap (or limit) on the amount of greenhouse gas that can be emitted into the atmosphere by large scale companies. These...

In an interview with the Financial Times, James Hackett, chairman and chief executive of independent oil and gas company Anadarko Petroleum (APC) said, "Washington's energy and environmental policy risks plunging the United States into an economic tailspin that could make it the world's cleanest...