The United States had resisted endorsing the Kyoto Protocol, preferring to let the market drive CO2 reductions to mitigate global warming, which will require CO2 emission taxation. The administration of Barack Obama has proposed an aggressive energy policy reform, including the need for a reduction of CO2 emissions, with a cap and trade program, which could help encourage more clean renewable, sustainable energy development. Modern society uses large amounts of electrical power. This is normally generated at power plants which convert some other kind of energy into electrical power. Each such...