Climate Change Bill a Rorschach for Special Interests

The same day that the Waxman-Markey Climate Bill passed the U.S. House of Representatives, the oil industry examined the loopholes. The bill, which has yet to pass the Senate, would make refiners "buy allowances for carbon dioxide spewed from their plants and from vehicles when motorists burn their fuel. Imports would need permits only for the latter." So, oil companies "will probably cope ...

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