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Obama touts N.D., regional energy industry; says 'cap-and-trade' program is 'nothing to be afraid' of

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WASHINGTON, D.C. -- North Dakotans worried about the state's robust coal mining and power generation industries shouldn't fear its being crippled by a federal "cap-and-trade" program to regulate greenhouse gases, President Obama said Monday during a meeting with Forum Communications and other newspaper representatives.

"I don't think this is something to be afraid about," he said.

Obama said the state has an important role in a proposed national "smart grid."

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