Northeast Delays Landmark Climate Change Strategy To Assess Local Effects

The Northeast will likely postpone unveiling its framework for a regional greenhouse gas initiative (RGGI) expected this summer to allow participating states time to assess the energy and financial impacts of the landmark cap-and-trade emissions program, officials in the region say. Officials working on the program also say they are likely to give wide discretion to states in deciding how to implement the initiative, leaving a daunting task ahead for governors and state legislators between now and the target date...