Emissions-Cap Judgement Day

From albjournal.com The New Energy Economy petition to cap greenhouse gas emissions in New Mexico is back in the spotlight, with the state Environmental Improvement Board expected to rule on the controversial plan this week. Lengthy testimony on the petition was heard by the board over seven days in August and October. But it drifted a bit off the public radar last month when the EIB voted 4-3 to adopt another proposal to combat greenhouse gas emissions — the New Mexico Environment Department's plan for state participation in a regional cap-and-trade program. The board is expected to start deliberating a decision on the NEE petition today.
Unlike the cap-and-trade strategy, which requires a partnership with other states and Canadian provinces, the NEE proposal affects New Mexico alone, requiring large emitters to reduce emissions by 3 percent a year, starting in 2012. More here

Emissions-Cap Judgement Day