Illinois
6:00 am
Mon April 7, 2014

Could Cap And Trade Solve Illinois' Financial Woes?

An Illinois professor says state government could improve its financial predicament and lower greenhouse gas emissions at the same time.   Don Fullerton is proposing what's known as a "cap and trade" program where a limit is placed on emissions.  Going above the level would cost operations like coal fired power plants.  But even he admits it's unlikely to happen anytime soon.  He spoke with Illinois Public Radio's Sean Crawford about the idea:

University of Illinois finance professor Don Fullerton
Credit Institute of Government and Public Affairs

U of I professor Don Fullerton talks with IPR's Sean Crawford about the costs and benefits of a cap and trade program for Illinois