Climate Change Legislative and Regulatory Trends to Watch in 2009

Climate Change Legislative and Regulatory Trends to Watch in 2009 · Environmental Leader: "President-elect Barak Obama recently reiterated his commitment for a federal cap-and-trade system to reduce emissions to 1990 levels by 2020, followed by an additional 80% by 2050, and has put together a team that is well-equipped to follow through on his promise. In 2009 companies should expect: (1) a U.S. mandatory GHG reporting proposal for all sectors of the economy; (2) to participate in a spirited debate on cap-and-trade policy with a moderate, but very real chance for successful passage; and (3) the U.S. to vigorously re-engage in international climate negotiations."