CITIZEN POWER ALLIANCE

The legislation seeks to give power plants, factories and refineries a financial incentive to reduce their global warming emissions. The bill would create a "cap and trade" program that limits total U.S. emissions of carbon dioxide and gives credits to companies able to cut their emissions through increased energy efficiency or cleaner technology. Companies can then sell those credits to other businesses that have not yet met those goals. Over the next four decades, all the affected industries would gradually have to make deep reductions in their emissions.

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