31. The electric deregulation bill approved last session required emissions reductions by grandfathered electric plants, with an electric surcharge to help. 32. The rationale is that in the long run, and over all, emissions reductions would be both cheaper and more effective. 33. The SEED Coalition criticized Bush last week for accepting presidential campaign contributions from supporters of voluntary emissions reductions. 34. The two countries would share credit for the emissions reductions. 35. The United States is the only major country demanding that developing nations commit to emission reductions, rather than voluntary limits. 36. The work schedule is crucial because it will govern how soon operating rules are established for the mechanisms of achieving emissions reductions. 37. Then the plan targeted boilers for emissions reductions. 38. Under the program, companies that go beyond required emissions reductions receive credits that they can sell to other polluters or save for later use themselves. 39. Among them is whether nations falling short of their own emission reduction targets can strike deals with those able to reduce more than is required. 40. But reaching agreement on the ground rules for emissions reduction is essential for ratification of the Kyoto protocol by major developed nations. |