Cap-And-Trade Sparks Cross-Border Conundrum

Law360, New York (September 22, 2009, 5:02 PM EDT) -- As the U.S. Senate begins work on landmark climate change legislation, lawmakers walk a thin line between protecting energy-intensive, trade-exposed U.S. industries' global competitiveness and sending out protectionist signals that could incite a green trade war, according to experts.

Meanwhile, in December, nearly 200 countries will convene at the United Nations Framework Convention on Climate Change meeting in Copenhagen to begin shaping the Kyoto Protocol's successor, an international accord to cut global carbon emissions and foster cooperation on environmental issues.

Major global economies agree on little...
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