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Cap and Trade Is Dead. Now What?

Putting a price tag on pollution isn't solving our climate-change woes. It's time to invest our muscle—and money—in breakthrough innovation.

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2009 List: Cleaning House

Ten game-changers that will affect the environment this year. 1 Lieberman-Warner Redux Environmentalists were chagrined when America's Climate Security Act-the first national cap-and-trade bill to reach a full vote in the Senate-was defeated in June. With a new president who supports cap and trade,..