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The Kent D. Peaslee Steel Manufacturing Research Center. Alternative Energy eMagazine - With the inauguration of President Barack Obama, the United States will soon follow in the footsteps of the European Union by introducing measures to reduce greenhouse gas emissions 80 percent by 2050.

Alternative Energy eMagazine -

Obama’s plan includes the introduction of a federal cap and trade system in which the government would set limits on carbon emissions by power plants, factories and other installations. Those who emit more carbon dioxide than the prescribed limit will be allowed to buy or trade permits with those that emit less. Further, Obama vows to allot US$15 billion each year to stimulate private sector efforts toward a clean energy future.

Steel

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