Other key stories below: Wind Power Record Set in Texas — 15.2%
of Demand; EPA Plans to Regulate Water from Fracking The
California Air Resources Board on Thursday unanimously adopted
the nation’s first state-administered cap-and-trade regulations,
a landmark set of air pollution controls to address climate
change and help the state achieve its ambitious goals to reduce
greenhouse gas emissions. The complex market system for the
first time puts a price on heat-trapping pollution by allowing
California’s dirtiest industries to trade carbon credits. The
rules have been years in the making, overcoming legal challenges
and an aggressive oil industry-sponsored ballot initiative. The
air board met in Sacramento for more than eight hours in a
packed hearing room. Board members listened to sometimes
scathing comments from union workers fearful of losing their
jobs and a parade of industry representatives who likewise
characterized the regulations as anti-business. Other speakers
called the proposal historic and groun