Economic development policies
Preliminary Oral Comments of New York State Attorney General Eliot Spitzer on the Allocation of Carbon Dioxide Allowances Pursuant to the Regional Greenhouse Gas Initiative Cap-and-Trade Program
May 2, 2006. The comments below were delivered in Hartford, CT, by New York State Assistant Attorney General J. Jared Snyder.
In general, the Attorney General’s office supports the carbon dioxide emission reduction program embodied in the Regional Greenhouse Gas Initiative (RGGI) model rule. Global warming is undoubtedly the most significant environmental problem facing America today and the RGGI cap-and-trade program is a good first step to reducing emissions from power plants, one of the two main sources of CO2 … (read more)
March 2006. In a landmark decision issued on September 2, 2004, the U.S. Court of Appeals for the Sixth Circuit ruled that the State of Ohio’s investment tax credit violated the Commerce Clause of the U.S. Constitution. Rather than immediately appealing this decision to the US Supreme Court, DaimlerChrysler asked the Sixth Circuit to take the unusual step of rehearing the the case en banc.
The Sixth Circuit subsequently declined this request and DaimlerChrysler then asked the Supreme Court … (read more)