Beyond Cap-And-Trade: Going Green In The Midwest

Law360, New York (January 2, 2008, 12:00 AM EST) -- On Nov. 15, 2007, the governors of Illinois, Iowa, Kansas, Michigan, Minnesota and Wisconsin, and the premier of the Canadian province of Manitoba signed an accord that formed the United States’ third regional initiative directed at risks posed by climate change.

Like the Regional Gas Initiative (RGGI) in the Northeast and the Western Climate Initiative (WCI) in the West, the Midwestern Greenhouse Gas Reduction Accord (the Midwest Accord) calls for the creation of a regional cap-and-trade system for greenhouse gas emissions that will be based roughly...
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