Lawmakers Begin Cap and Trade Discussions
View on Portland Tribune website"Well-designed cap and trade programs can encourage businesses to adopt cleaner technology and operating procedures and also invest in green energy, which fuels the economy, said Dallas Burtraw, an expert on environmental regulation and a senior fellow at Resources for the Future in Washington, D.C.
'More and more customers are forcing corporations to take these steps,' Burtraw told the committee Tuesday. 'In order to compete, they are trying to differentiate themselves by showing that they are clean and green.
"The firms that are more efficient are the firms that are more profitable. Investment is happening in the companies that are manufacturing products in a less energy-intensive way.'"
