EPA Administrator Lisa Jackson said the agency had no plans to set up a cap-and-trade program for GHG emissions under the Clean Air Act, E&E News PM reported. Jackson was quoted as telling the National Press Club: "EPA has a history of relying on market-based incentives in our regulation as an agency, and I don't think you should read into that that we have some plan that folks don't know about to force a cap-and-trade regime -- we don't at all."
In comments last week during a Senate appropriations hearing, Jackson answered a question about whether it would be possible for the agency to set up a market-based system to regulate GHGs by stating: "I'm not saying it cannot be done. It's certainly something that we will look at as we go forward with respect to regulation, but we have made no decisions."
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