National Journal: The big national cap-and-trade plan died on Capitol Hill five years ago, and it remains very much dead. A carbon tax--the perennial academic solution for curbing greenhouse-gas emissions--had even less traction in Congress and lives on mostly in think tanks.
But President Obama's Environmental Protection Agency climate regulations for power plants, unveiled on Monday, may give those policies new life at the state level.
In a change from the draft plan, the final EPA rule now explicitly says...