ENERGY LAW STUDY COULD BACK USE OF CROSS-SOURCE EMISSIONS TRADING

The new national energy law requires EPA to evaluate the idea of allowing companies to trade air emissions credits between mobile and stationary sources of pollution, a mandate that environmentalists fear is the first step towards authorizing widespread use of the controversial practice. Such a practice could allow power plants and other stationary sources to offset emissions increases by purchasing credits from vehicles that cut pollution, thereby expanding traditional cap-and-trade programs that have focused on reducing emissions of individual pollutants...