California Chamber of Commerce seeks to stop cap-and-trade

SAN FRANCISCO Tue Nov 13, 2012 5:25pm EST

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SAN FRANCISCO Nov 13 (Reuters) - The California Chamber of Commerce said it filed a petition on Tuesday to halt the state's program which would allow the sale of carbon allowances to large emitters, a policy known as cap-and-trade.

The petition was filed in a Sacramento state court, according to a copy on the organization's web site.