Cal joins Northeast global warming fight (Schwarzenegger and Pataki)

[Barrett808]

Cal joins Northeast global warming fight
By KAREN MATTHEWS, Associated Press Writer
Tue Oct 17, 7:20 AM ET

NEW YORK - After visiting a "green" high-rise apartment in Manhattan, Gov. Arnold Schwarzenegger announced that California will join seven northeastern states in an alliance to combat global warming.

Schwarzenegger and New York Gov. George Pataki on Monday toured the 27-story Solaire, touted as the country's largest environmentally sensitive residential building.

Schwarzenegger then said he would sign an executive order on Tuesday that calls for a program allowing his state to work with the Northeast's Regional Greenhouse Gas Initiative.

The goal of the initiative is to reduce carbon dioxide emissions at power plants, beginning in 2009.

Under the program, power plants in participating states will be granted a limited number of carbon credits, equal to the amount of carbon dioxide they are allowed to emit. Those that exceed their limits must purchase credits to cover the difference, while those that produce less carbon dioxide can sell the surplus credits.

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http://news.yahoo.com/s/ap/20061017/ap_on_re_us/global_warming_schwarzenegger_9