Analyst Says CO2 Trading Falls Short Of Driving Technology Solutions

Standard carbon dioxide (CO2) cap-and-trade programs will not offer the incentives to drive the necessary technological innovations to solve climate change problems and instead a new set of tools is needed to encourage "breakthrough" technologies, according to David Montgomery, a prominent energy policy analyst who presented his proposals at a well-attended luncheon on Capitol Hill. In introducing Montgomery, Climate Policy Center (CPC) Executive Director Lee Lane said he offers "a set of ideas so striking and new that it is...