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Friday, December 12, 2008

Texas governor objects to limits on carbon dioxide

Republican Gov. Rick Perry of Texas spoke out in a recent interview against the legislation that both presidential candidates favored to limit emissions of carbon dioxide, the main greenhouse gas blamed for global warming and climate change.

"As he stakes out his role as a high-profile dissenter on carbon legislation, Gov. Perry is leading a state that is changing," writes Russell Gold of The Wall Street Journal. "His opposition to federal cap-and-trade legislation to limit emissions plays well with Texas' traditional business community and many large campaign contributors; Texas is far and away the top carbon-dioxide-emitting state and largest coal consumer."

Perry said putting caps on carbon-dioxide emissions will slow economic growth in his state, but there are signs that Texas is inching toward a greener outlook. "Luminant, a unit of Energy Future Holdings Corp. and the state's largest electricity provider, favors a federal cap-and-trade system," writes Gold. Texas leads the nation in wind power. Many worry that opposing carbon emission standards could isolate Texas and risk potential economic gains from "green energy" technology, Gold reports. (Read more)

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