New Hampshire Joins Regional Cap-And-Trade Plan

Law360, New York (June 12, 2008, 12:00 AM EDT) -- New Hampshire became the 10th state to preempt federal regulations on global warming with its own legislation when its governor signed a law on Wednesday to implement a cap-and-trade program for greenhouse gases.

Gov. John Lynch signed the Regional Greenhouse Gas Initiative, which induces a market-based cap-and-trade program to reduce carbon dioxide emissions from the state's industry and power plants.

The law, which takes effect immediately, enters New Hampshire on a cap-and-trade roster with other states in the Northeast, including New York, New Jersey, Rhode Island...
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