U.S. Takes a Gamble With Test of Carbon Caps on Car Makers

The Obama administration is preparing to test whether capping greenhouse gas emissions will push the economy into higher gear, or deeper into a rut. The likely subject of the experiment is the ailing auto industry.

Later this month, Environmental Protection Agency Administrator Lisa Jackson is expected to declare that carbon dioxide emissions from automobiles endanger health and welfare because of their impact on the climate.

WSJ