EPA CLASHES WITH STATES ON DESIGN OF CAIR EMISSIONS TRADING PLAN

EPA and some Northeast states are at odds over the amount of emissions that should constitute a pollution credit under the federal clean air interstate rule's (CAIR) cap-and-trade program, as the agency is trying to limit the flexibility of states that want to participate in the emissions trading program. At issue is state flexibility in determining how many tons of emissions are contained in a credit that facilities can buy or sell as they work to meet pollution caps set...