As my friend Whitney likes to say, "You just can't make this stuff up!"
This quote is in response to a Senate bill that would place limits on greenhouse gases. The bill would cap emissions and
gradually reduce them using a market-oriented cap-and-trade system in
which allowances to emit greenhouse gases would be bought and sold.
"We believe the bill's proposed greenhouse gas emissions reductions are 'too much, too soon,' " said Jack Gerard, president and CEO of the American Chemistry Council, a trade group of plastic and chemical manufacturers. He warned the bill would "turn energy markets upside down, causing massive reductions in coal usage and enormous increases in natural gas and renewable fuels usage."
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