Expanded 5th Edition (April 2012). Over 13,200 words.The principles of Cap and Trade and Carbon Credit are introduced in these well-researched series of articles focusing on different aspects of the issue as well as the latest developments like the U.S. EPA ruling on emission standards for new coal-fired power plants.-------------------------------------------------------- TABLE OF CONTENTSWhat is Cap and Trade?Issues with Cap-and-TradeAmerican Clean Energy and Security Act of 2009State-Level Opposition in USAEPA Ruling Favors Gas-Fired Power Plants and Handicaps Coal Plants“Carbon Tax” – An Alternative?Carbon Credit Trading is the New "Derivatives" GameCarbon Credit "Manufacturing" - A New Industrial Growth SectorRegional Greenhouse Gas Initiative (RGGI) – The First Three YearsCOUNTRY FOCUS – AustraliaCOUNTRY FOCUS – CanadaCOUNTRY FOCUS – ChinaCOUNTRY FOCUS – New ZealandCOUNTRY FOCUS – European Union (EU)COUNTRY FOCUS – JapanCOUNTRY FOCUS – UAE (United Arab Emirates)DURBAN SUMMITISSUE FOCUS - EU Charges All Airlines for Carbon EmissionsARGUMENT: Why Stop at Carbon Credits?GLOSSARYAPPENDIX A: Selected Recent DevelopmentsAPPENDIX B: Timeline of Important Cap-and-Trade MilestonesAPPENDIX C: Support for and Opposition to H.R. 2454APPENDIX D: Useful Web Sites-------------------------------------------------------- Ideal for those who are new to the topic and would like to have a quick introduction to various Cap and Trade and Carbon Credit issues.