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TAX POLICY * USA - Con-way, Schneider come out against cap-and-trade effort
Washington,DC,USA -Fleet Owner, by Wendy Leavitt -Oct 14, 2009: ... Within the American Clean Energy and Security Act (ACES) its five separate titles detailed over nearly 1,000 pages, the carbon cap and trade provision is arguably the most controversial. Now some truck fleets are joining the ranks of those against the cap and trade provision, including Con-Way and Schneider National... According to C. Randal Mullett, v.p. government relations & public affairs for Con-Way, “If transportation does not get allowances like the other segments [of the economy], we have no choice but to oppose it” ... Those “allowances” are the carbon credits side of the equation, and the credits that would initially be allocated by the federal government to certain industries are among the most contentious aspects of this bill. According to Grist.beta, for example, the cap and trade process would start by dividing up a starter pool of carbon credits among these industries: ...Labels: tax policys
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