High-stakes carbon debate

(IN) The Indianapolis Star – The stakes are high. On one side are leaders such as Gov. Mitch Daniels and U.S. Rep. Mike Pence who warn of the high cost to Indiana of a cap-and-trade program that would mean higher utility bills and job loss. Indiana, with its 90-percent dependency on coal for generating electricity, would be among the states hardest hit.

On the other side are officials and experts, such as the four Purdue University professors writing on this page, who support giving industry incentives to find the cheapest ways to reduce emissions and warn of the high cost of doing nothing. More

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