The House Energy and Commerce Committee burned the midnight oil again last night debating climate-change legislation. Committee chair Henry Waxman (D-CA) wants the bill out of committee by Memorial Day--this coming Monday--according to David Fahrenthold of the Washington Post. Whatever the details of the bill turn out to be, Cap and Trade provisions will be at the center.
Marketplace's Paddy Hirsch explains exactly how cap and trade works, in this Whiteboard video:
Meet Cap 'n Trade from Marketplace on Vimeo.
Posted
05-21-2009 9:28 AM
by
Graham Griffith