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The article looks at climate change policy in the U.S., discussing the opposition of many Republicans in the U.S. Congress to U.S. President Barack Obama's proposal for a pollution trading scheme to reduce carbon dioxide emissions, called cap and trade. It suggests this opposition is ironic, as Republicans have typically espoused market-based solutions to problems in lieu of government regulation.

The article highlights that a growing number of law firms are advertising their expertise in climate change issues. New emission-management tools and emission trading markets are the biggest growth area for climate lawyers. These markets are regulated in those countries that have signed the Kyoto Protocol. Cape Wind, a proposed wind farm in Nantucket, Massachusetts, had to face several lawsuits to obtain permits to build windmills and undersea power lines.

Editorial. Comments on the global warming strategies and policies in California. Legislation passed by the California Legislature requiring manufacturers to start reducing carbon dioxide emissions; Regulatory and legislative review of other proposals; Problems with climate change and fuel economy.