Obama may be flexible on carbon permit allocation
From Reuters,
President Barack Obama
on Thursday indicated some flexibility over plans to sell carbon
dioxide permits to industry, but said they must be priced to encourage
reduced greenhouse gas emissions. …"If it’s so onerous that people can’t meet it, then it defeats the
purpose and politically we can’t get it done anyway, so were going to
have to find a structure that arrives at that right balance," Obama
said.