Failure To Lead On Carbon Cuts May Cost US: Experts

Law360, New York (November 17, 2009, 1:36 PM EST) -- If the United States does not take the lead in developing an international scheme for reducing carbon emissions, it could have an adverse impact on the country's prestige and economy, according to a panel of experts testifying Tuesday before the U.S. Senate Committee on Energy and Natural Resources.

In a full committee hearing exploring the international aspects of global climate change, representatives from the Counsel on Foreign Relations, the Carnegie Endowment for International Peace, the National Foreign Trade Council and other organizations warned Congress that there...
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