In the News

The cap-and-trade greenhouse gas reduction program, which aims to hold carbon dioxide emissions steady through 2014 and then gradually reduce them, is widely viewed as a model for future programs around the globe.

“With the leadership vacuum in Washington, it has fallen to the states to take the lead on combating climate change,” said Richard Revesz, dean of the New York University School of Law and an expert on environmental law.

“Environmentalists applauded and industry lobbyists fretted as the state moved ahead Monday with plans to fight climate change, starting with greenhouse gases coming from electric power plants. . . . ‘With the leadership vacuum in Washington, it has fallen to the states to take the lead on combating climate change,’ said Richard L. Revesz, dean of New York University School of Law.”