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Saturday, June 22, 2024

Obama’s Budget Expects Limits on Greenhouse Gases to Produce Revenue

A mandatory cap on the nation's greenhouse gas emissions, which President Obama embraced on Tuesday as central to his domestic agenda, would be designed to generate badly needed revenue for the government while addressing arguably the world's most pressing environmental issue.

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A mandatory cap on the nation’s greenhouse gas emissions, which President Obama embraced on Tuesday as central to his domestic agenda, would be designed to generate badly needed revenue for the government while addressing arguably the world’s most pressing environmental issue.