Tag Archives: Cap-and-tax

A Late Entry Into the Climate Change Sweepstakes: The Midwestern Greenhouse Gas Accord Cap-and-Tax Approach

Apparently in an effort to demonstrate to Congress that coal states also support greenhouse gas regulation, the Midwestern Greenhouse Gas Reduction Accord last week released draft design recommendations for a GHG program. Several facets of this announcement are interesting:

  1. The Waxman-Markey bill would basically preclude the MGGRA from implementing its program.
  2. If the point of the effort is to demonstrate to Congress that coal states indeed do support GHG regulation,…
  3. More