Carbon Trading Will Delay Greenhouse-Gas Reductions,

(Bloomberg) -- A U.S. carbon-trading program would slow reductions in industrial greenhouse gases as volatile carbon prices discourage anti-pollution investments, said Rex Tillerson.

Since December, Tillerson has been publicly telling lawmakers that adoption of a carbon-trading system akin to that used in the European Union would be ruinous to the U.S. economy. A carbon tax would work better because it would eliminate most of the volatility inherent in buying and selling emission credits, he said today... read full at Bloomberg

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