California's Global Warming Plan First Of Its Kind

California air regulators today announced a bold plan to slash greenhouse gas emissions that would alter the way utilities generate electricity, automakers build cars and developers construct buildings, and launch the nation's broadest market in carbon-credit trading.

California's blueprint is the first comprehensive effort to combat global warming by any American state, and comes nearly three weeks after the U.S. Senate threw out a national greenhouse gas bill that would have set similar targets.

Virtually every sector of the state's economy would be affected by the air board's plan, including coal-fired power plants and oil refineries, landfills where rotting garbage emits methane gas and forests, which would be cultivated to reduce fires.

Read more on Los Angeles Times