TerraDaily The potentially groundbreaking program -- similar to one already in place in Europe -- would rev up US efforts to global warming by reducing the output of carbon dioxide and other gases blamed for global warming, at the same time raising direly-needed revenue for the depleted US Treasury.
By Staff Writers
Barack Obama hopes to raise some 80 billion dollars each year beginning in 2012 by imposing market-based limits on climate-warming gases, according to the president's draft budget released Thursday.
Tags: Barack Obama, Environment, Greenhouse gas, W.S.2010 Budget, Emissions, Cap and Trade