Skip to main content

Posts

Showing posts with the label American Power Act
June 7, 2010 – Imagine – the entire mid-Atlantic and Northeast coast under a tornado watch. I wonder if that’s ever happened before. Considering the damage done throughout the Midwest over the weekend, it was a logical step. America ’s “outback” is enduring more and more violent weather with each passing year. E-magazine Grist has been running an outstanding se ries of articles by David Roberts about the American Power Act (APA). Lambasted by many for its replacement of the Clean Air Act’s stationary-source regulations with a cap-and-trade system of pollution control, there are, according to Roberts, still many reasons for supporting the APA. What might tho se be? - the cap part of cap-and-trade, as defined by the APA, will provide long-term predictability, something investors value highly - becau se the Supreme Court ruled in 2007 that the EPA (Environmental Protection Agency) is authorized to regulate atmospheric pollutants, it will have...