Cuomo Proposes Lower Carbon Cap for Northeast Cap-and-Trade Plan

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New York Governor Andrew Cuomo proposed lowering the total amount of carbon dioxide that companies may emit under a regional cap-and-trade program to regulate air pollution.

The nine states participating in the Regional Greenhouse Gas Initiative must “make a real difference on climate change by reducing the CO2 cap,” Cuomo said during his State of the State address in Albany today. The cap is currently 165 million tons a year and he didn’t say by how much it should be cut.