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U.S. Cap-and-Trade Creates Winners and Losers among Largest Emitters

Under the Kerry-Boxer cap-and-trade bill, ExxonMobil would face an annual charge of $5.9 billion to purchase carbon allowances, while electricity giants like Exelon and Pacific Gas and Electric (PG&E) would emerge as financial winners, because they rely heavily on diversified, low-emission fleets, according to a new study from PointCarbon, reports ... Read more »

Home Depot Faces Shareholder Wrath Over Energy Efficiency

Just a day after Chevron bowed to shareholder demands to track its carbon footprint, Home Depot now faces a shareholder vote on its energy plan at its May 28 annual general meeting. The $20 billion Connecticut Retirement Plans and Trust Funds has filed a shareholder resolution asking Home Depot to ... Read more »

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