Canadian Energy Issues

Can the proposed U.S. climate change legislation actually reduce carbon emissions? Not according to utility industry advocates worried about certain provisions in the American Clean Energy and Security Act (a.k.a. Waxman-Markey), which narrowly passed the House of Representatives in June. The concern is that carbon offsets—financial instruments each representing one tonne of carbon dioxide (CO2) which emitting companies can buy from other organizations that have demonstrably reduced CO2 emissions—are in …Read the rest of the article