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Cap-and-trade plan proposed by Western Climate Initiative
Posted on Thursday, July 24, 2008The Western Climate Initiative has released a draft strategy to "cap and trade" releases of carbon dioxide and other heat-trapping gases by 2010. The plan allows for polluters to pay for offsets to compensate for emissions. Forestry is identified as a key area for offsets, specifically for saving and planting trees. Supporters see the plan as a model for a national strategy once President Bush leaves the White House.
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