STATES PURSUE REGIONAL EMISSIONS TRADING BEYOND PENDING EPA RULES

State organizations in the Northeast and the West are considering separate regional cap-and-trade initiatives for power plant emissions, which could supplement a proposed federal rule that covers only part of the country and which some states argue is not stringent enough. In both cases, the state groups are trying to bring pollution down to a level that allows them to meet existing federal standards. The potential regional plans indicate that many states see a need for additional controls even as...