A cap-and-trade program is designed to reduce emissions of a pollutant by placing a limit (or cap) on the total amount of emissions. The cap is implemented through a system of allowances that can be traded to minimize costs to affected sources. Cap-and-trade programs for greenhouse gas emissions would increase the costs of using fossil fuels.
EIA’s Energy in Brief: What everyone should know about energy
What is a cap-and-trade program and how does it work?
August 1, 2010 by ·
BP’s Kent Wells questioned about who had final responsibility in drilling work
August 1, 2010 by ·
HOUSTON – Federal investigators on Thursday grilled BP Senior Vice President Kent Wells on the company’s history of safety problems in the Gulf of Mexico and demanded more clarity on who at the company is ultimately responsible, and accountable, for drilling operations. BP – Kent – Business – Kent Wells – Mining and Drilling
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