The argument over whether climate change is a real problem is largely settled in Washington.
What to do about climate change? That debate is at a boil.
Under a bill being considered in the House of Representatives, companies that generate greenhouse gases -- and their customers -- could face steadily escalating costs for using fossil fuels. But businesses could keep those costs in check by investing in technology to change their carbon-dioxide-spewing ways. The legislation would require companies to obtain permits to emit polluting greenhouse gases, and the total number of permits available in the U.S. would be capped. If new technology or efficiencies lower their emissions, businesses could sell excess permits to other companies.
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