Provisions in a pending climate bill to provide free allowances to energy-intensive, trade-exposed manufacturers would eliminate the output losses and so-called emissions "leakages" some fear could result from implementing cap-and-trade legislation, and some firms could even see a net benefit from the policy, according to a new inter-agency analysis. The analysis , released this week by EPA, is likely to shape proposals for insulating the manufacturing sector from potential economic and job losses resulting from greenhouse gas controls. Sens. Sherrod...
