US Governors to Plot Climate Fight at Yale

Is it just me or does that headline sound like the governors are getting ready for a food fight at one of Yale's dining halls?

According to Reuters, via Planet Ark, at least five governors including Republican Arnold Schwarzenegger from California and Democrats Rod Blagojevich from Illinois and Jon Corzine from New Jersey will meet at Yale University on Friday to discuss 'uniting the developing markets for trading of credits representing carbon emission reductions.'

Most of the facts aren't particularly new or exciting, since the governors have been at this since the winter and many states already have their own commission on climate change, but two paragraphs gave me pause:

The reality is that the states are designing the true US climate policy," Terry Tamminen, an environment and energy adviser to Schwarzenegger, said about the meeting.
...
Tamminen said even if the federal government moved quickly to regulate greenhouse gases the states would remain the de facto makers of US policy on greenhouse emissions because a federal plan would take years to develop. "We don't have time to wait," he said. By many counts, the United States is the world's top greenhouse gas emitter.

I could be mistaken here, since I attended public schools in the US, but, isn't that how federalism works? This reminds me of the snafu at the EPA over California's emissions controls back in December.