`No net cost in cutting carbon emissions.'

EMISSIONS trading; ACID-forming emissions; FORECASTING; ECONOMICS

Reports that the United States could cut carbon emissions to 1990 levels by 2010 with no net cost to the United States' economy. Details of Department of Energy report; How cuts could be achieved; Assumption that industry would be allowed to trade carbon emissions on open market; Political implications of report; Reaction of President Bill Clinton; Reaction of industry lobbyists.