Economic Crisis Hampers Push For GHG Regs

Law360, New York (February 20, 2009, 12:00 AM EST) -- The economic downturn has not stopped the Obama administration from taking preliminary steps to fight climate change, but it will likely delay the passage of a comprehensive cap-and-trade bill until next year at the earliest, experts say.

Still completely up in the air, meanwhile, is what form that bill will take and whether in the absence of a bill the federal government will use its statutory authority to regulate greenhouse gas emissions.

In a sign that he will push for cap-and-trade legislation, President Obama projected this...
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