US legislature to introduce a market-based mechanism to place a price on carbon?
13 February 2013 — US President Barack Obama has called on the US legislature to introduce a market-based mechanism to place a price on carbon. President Obama was delivering his 2013 State of the Union address, delivered to Congress, 13 February, Australian time. The President called on Congress to pass a bill similar to that proposed by Senator John McCain and former Senator Joe Lieberman a few years ago, which would have introduced a US “cap and trade” emissions trading scheme. “I urge this Congress to get together to pursue a bipartisan, market-based solution to climate change, like the one …
