Obama waters down carbon auctioning plan

James S Murray
clock • 3 min read

President signals he is willing to compromise on cap-and-trade legislation and allow some free allocation of carbon permits

President Barack Obama last week gave the first indication that he is willing to water down some aspects of his plans for carbon cap-and-trade scheme in an attempt to get the legislation passed as swiftly...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

James S Murray
Author spotlight

James S Murray

View profile
More from James S Murray

Global Briefing: COP30 President urges governments to move 'from vision to reality'

Iberdrola agrees to sell UK smart meter business to Macquarie in £900m deal

More on Legislation

Planning reforms: Government touts £7.5bn boost, but 'uncertainty' over nature risks remains
Legislation

Planning reforms: Government touts £7.5bn boost, but 'uncertainty' over nature risks remains

Government impact assessment claims Planning and Infrastructure Bill could unlock multi-billion-pound economic boost over 10 years, but admits it only has 'limited data' on potential environmental risks

Michael Holder
Michael Holder
clock 06 May 2025 • 6 min read
Will the government's planning overhaul trigger a 'regression' in nature safeguards?
Legislation

Will the government's planning overhaul trigger a 'regression' in nature safeguards?

Office for Environmental Protection warns current iteration of Planning and Infrastructure Bill would weaken environmental protections, further fuelling nature campaigners' fears landmark legislation lacks sufficient safeguards

Michael Holder
Michael Holder
clock 02 May 2025 • 7 min read
Smart appliances: Government announces new standards to help slash energy bills
Legislation

Smart appliances: Government announces new standards to help slash energy bills

New rules mean heat pumps and other electric heating appliances must feature functionality that ensures consumers can access cheaper tariffs

Amber Rolt
clock 23 April 2025 • 3 min read