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Glossary of Terms

Carbon Regulation
Carbon regulation means the government regulation of carbon dioxide (CO2) emissions. CO2 is a powerful greenhouse gas, and human emissions of carbon dioxide play a major factor in global warming and climate change.

The entire international community - including the U.S. - has agreed to regulate CO2 emissions, and is working out a treaty to do so. The treaty is a follow up to the Kyoto Protocol. It will be developed over the next two years, and implemented by 2012.

In the U.S., carbon regulation is imminent. One way or another, there will be a price on carbon. The framework of this regulation, however, is still a matter of debate. Two major options are on the table – a carbon tax, or a cap and trade emissions system.
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