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 »

