Federal carbon trading bill to be "passed next year,” says lawmaker

Representative Jay Inslee, a Washington-based Democrat, made his comments in a keynote speech to attendees of the Carbon Market Insights conference, hosted by Point Carbon.

He noted that while “the President would need to have an epiphany to sign something this year,” Inslee was bullish that a bill could be signed within a year’s time.

Inslee’s comments come at a time when the notion of carbon trading in the United States is gaining rapid momentum, and follow the unveiling last week of a bip