States press on with emissions scheme as US Senate shelves cap-and-trade

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The Western Climate Initiative (WCI) released the design for its emissions reduction scheme, due to start in January 2012, on Tuesday, the same day US Democrat Senators suspended attempts to push carbon cap-and-trade legislation through Congress. The Clean Energy Jobs and Oil Spill Accountability Plan released yesterday by Senate leader Harry Reid ignores controversial issues such as cap-and-trade to concentrate on energy efficiency initiatives and stricter penalties for companies involved in