United States: Cap and trade may be plum for homeowners

Posted by San Francisco Chronicle: David R. Baker on November 16th, 2012
San Francisco Chronicle: California residents would see no net increase in their monthly utility bills as a result of the state's new cap-and-trade system to fight global warming, under a proposal issued Friday by state regulators. Instead, the system would actually pay residential customers a small dividend, with the money drawn from the power plants, factories and other facilities that pump greenhouse gases into the atmosphere. Under the proposal from the California Public Utilities Commission, residential utility......

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