By Joseph B. White
The Wall Street Journal, May 21, 2009

The “American Clean Energy and Security Act” is one of the most ambitious efforts to re-engineer American social and economic behavior in decades, presenting opportunities for a wide array of businesses Silicon Valley to the coal fields of the Appalachians.

Read this clear and comprehensive summary of what the Waxman-Markey may have in store.  Whether it’s cap and trade, or as its detractors say, a complex way to tax carbon, we think it’s great that the Obama Administration is getting serious about cutting carbon.