If bipartisanship ever emerges in the national fight against climate change, the guiding light will likely come from the Northeast. But even here, it is only a glimmer.
The prime vehicle is the Regional Greenhouse Gas Initiative. Last week, nine participating states agreed to nearly halve the cap on carbon emissions produced by power plants. The current cap is 165 million tons. Under the law, power plants pay a price for each ton of carbon dioxide they spew, giving them an incentive to convert to greener forms of energy. The states would then invest any fees in energy efficiency and renewable energy programs.