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ON BUSINESS; Interstate, international CO2 cap-and-trade system; Six states and a province fill need left by Bush administration.

Publication: Star Tribune (Minneapolis, MN)
Publication Date: 23-JUN-09 		Format: Online
Delivery: Immediate Online Access
Full Article Title: ON BUSINESS; Interstate, international CO2 cap-and-trade system; Six states and a province fill need left by Bush administration.(BUSINESS)(NEAL ST. ANTHONY)

Article Excerpt
Byline: NEAL ST. ANTHONY; STAFF WRITER

Minnesota, five other Midwestern states and the Canadian province of Manitoba are on the cusp of a cap-and-trade program designed to cut greenhouse gas emissions by up to 20 percent by 2015 without damaging the region's industrial and agricultural base.

In the absence of federal action during the Bush administration, the governors of Illinois, Iowa, Kansas, Michigan, Minnesota and Wisconsin and the Manitoba premier signed the Midwestern Greenhouse Gas Reduction Accord in 2007. The pact included reduction targets. The Midwest governors, including Minnesota's Tim Pawlenty, then directed a 42-member advisory group to make recommendations for the design of a regional cap-and-trade program tailored to the economic and energy circumstances of the region.

The group...

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