American International Group has left the U.S. Climate Action Partnership following queries from U.S. lawmakers about why the firm was funneling taxpayer money into USCAP - the organization lobbying Congress to pass Cap-and-trade legislation, Dow Jones reports.
USCAP recently called for a cap-and-trade system, a 42 percent emissions reduction below 2005 levels by 2050, limits on emissions from petroleum products and natural gas, and a carbon market board to examine offsets and contain costs.
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