Environment committee  Yes, I am. California actually has a low-carbon fuel standard that it put forward and finalized this past summer. There was a letter that was sent by Congressman Waxman. His provision was included in another piece of legislation. I don't know if that has been fully implemente

Environment committee  You're absolutely correct. The Waxman-Markey bill has a program for the international reserve allowances required for countries and parties that do not have comparable greenhouse gas regulation. In the Waxman-Markey bill there is no flexibility. It comes into force and is applied

Environment committee  No, I do not.

Environment committee  Certainly. Thank you. I appreciate the opportunity to speak with you, Mr. Chairman, members of the committee. I'm Janet Peace. I'm vice-president for markets and business strategy at the Pew Center on Global Climate Change. For those of you who are not familiar with the Pew Cent