Sunday, April 20, 2008

Economics, Environment & Electricity Production

Electricity industry wrangles over California's greenhouse gas law - The challenge is dirty electricity generation is a lot cheaper (and exists) than clean power generation. The challenge for the state is how to regulate this, and a Cap N Trade bill is being worked on, where pollution credits are auctioned and the Electricty provider in California is responsible for being in compliance with the CA green house law of 1996.

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