California proposes a global-warming fee on businesses

by Julie Walsh on February 12, 2008

In the first such program in California, and perhaps the United States, Bay Area air pollution regulators are proposing to charge an annual fee to thousands of businesses based on the amount of greenhouse gases they emit.

The fee – 4.2 cents per metric ton of carbon dioxide – would affect everything from oil refineries to power plants, and landfills, factories and small businesses like restaurants and bakeries.

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