California legislation can lead to chain reaction -- and cap global greenhouse gases
Just as government acted in the 1980s to combat acid-rain by enacting "cap and trade" of sulfur dioxide legislation, the same thing can be done today for greenhouse gases. If California passes the Pavley-Nunez Global Warming Solutions Act (AB32), Lane argues a series of dominos will fall -- leading to a solution for the planet. The key to it all is the free-market component. He co-wrote the piece with Rod A. Beckstrom, who is CEO of Carbon Investmetns in Palo Alto. What do people think?
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