MAJOR INDUSTRY GROUPS QUESTION CLIMATE CHANGE INITIATIVE

Major California industry organizations expressed doubt and concern about the direction of Cal/EPA and administration officials on the state's landmark climate change initiative, especially potential proposals for a carbon pollution cap-and-trade program. Other stakeholders -- including environmentalists, clean energy advocates and Silicon Valley businesses -- were more optimistic that significant strides can be made to meet the greenhouse gas (GHG) emission reduction targets set in June by Gov. Arnold Schwarzenegger. The initiative is considered important by a variety of interests...