The group's board of directors voted 15-1 on unprecedented new rules that will impose fees on factories, power plants, oil refineries and other businesses that emit carbon dioxide and other heat-trapping gases.
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The modest fee -- 4.4 cents per ton of carbon dioxide -- probably won't be enough to force companies to reduce their emissions, but backers say it sets an important precedent in combating climate change and could serve as a model for regional air districts nationwide.
Read more.
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The modest fee -- 4.4 cents per ton of carbon dioxide -- probably won't be enough to force companies to reduce their emissions, but backers say it sets an important precedent in combating climate change and could serve as a model for regional air districts nationwide.
Read more.
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