US likely to go it alone on carbon-cutting policies

It’s all but inevitable that US public policy will, at some point soon, call for reductions in greenhouse gas emissions. The question is what those policies look like and how soon they will arrive.
Robert Lacount, a director at Cambridge Energy Research Associates, made his best guess Thursday in the final panel of the firm’s weeklong conference in Houston.
Without predicting when laws could take effect, he said U.S. carbon-cutting policies will most likely be “market-based,” employ some sort of cap and trade component and be decided and implemented on a unilateral basis.
Over time, however, the U.S. is likely to form linkages with the rest of the international community, which will develop their own programs to address rising carbon dioxide emissions associated with the production and consumption of energy, he said.