California Plans To Cut Greenhouse Gases

"A landmark plan for reducing greenhouse gases in California beginning in five years moved forward Monday with the backing of Gov. Arnold Schwarzenegger and legislative leaders.

The plan, drawn by administration advisers, would put in place a series of groundbreaking programs including a requirement that companies keep track of their greenhouse emissions and report them to the state.

Even before the ink was dry, key legislative leaders announced their embrace of the plan's ambitious goals and their intent to introduce legislation that would impose hard limits on future emissions.

Although it is unclear if the governor and lawmakers agree on all major issues surrounding emission control, supporters of the proposed regulation said Monday's events were a sign that action is likely."