Supreme Court To Consider Climate Change Legislation

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Carbon dioxide is a heat-trapping gas that contributes to climate change. As concerns over global climate change build, many experts expect the U.S. federal government to put mechanisms in place to reduce carbon dioxide in the atmosphere. "The debate has shifted from whether or not there will be federal regulations, to when it will come," said Fred Wellington, a senior financial analyst at the think tank World Resources Institute. "The smart money understands that climate policy is coming." What is still up in the air is what form regulations will take, and whether state and local efforts to reduce greenhouse gas emissions will be coordinated with any federal policies, Wellington said.