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The state's program will be able to test the theories about whether cap-and-trade reduces pollution without destroying businesses. If it works, expect other states to quickly follow. The U.S

CALGARY, Alberta (Reuters) - Canada moved ahead on Friday with new regulations for cutting emissions from coal-fired power plants as environmental groups decried one project that they said won a speedy approval just in time to avoid the tighter rules. Environment Minister Peter Kent said the regulations, aimed at gradually phasing out coal-fired power generation as a way to meet the federal government's greenhouse gas commitments, will force developers to reduce emissions to levels that are comparable to high-efficiency gas-fired plants. [More]