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Schwarzenegger's stock just climbed

California will become the first state in the country to require industries to lower greenhouse gas emissions under a deal struck Wednesday by Gov. Arnold Schwarzenegger and Democrats that could dramatically reshape the state's economy. After weeks of intense negotiations between the administration and legislative leaders, and just a few hours after Schwarzenegger threatened to veto the bill, Democrats and the governor announced an agreement on legislation that sends the state on a markedly different environmental path from the federal government. By 2020...

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  • August 31, 2006
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