Banks say in talks to shape U.S. climate policy

Reuters: U.S. banks, industry and decision makers are holding open talks about the shape of future climate regulations in the United States, likely to have far-reaching impact on the economy, bankers say. The main idea of any climate change regime is to put a price on carbon emissions, for example with a carbon tax, or subsidize alternative, low carbon-emitting energy technologies like solar power, or both. The European Union leads the world in national policies to curb greenhouse gas …

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