Kyoto's Caps on Emissions Hit Snag in Marketplace - WSJ.com
Excerpt:
A system without price controls might force utilities to switch to fuels that are cleaner but costlier than coal. "While a lot of people started down the road romanticizing" the use of emissions caps to fight global warming, says Duke's chief executive, James Rogers, in an interview, they're "now coming to grips with the cold reality of the economics."
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