California’s current cap-and-trade system will continue running through 2030, after Governor Jerry Brown’s new extension bill just barely made it through the state senate and assembly — that is, by a razor-thin margin.
On Monday (January 12, 2015), a new South Korea cap-and-trade market opened on the Korea Exchange. This carbon trading scheme is now the second biggest in the world, behind only the European Union’s, until China’s national market revs up in 2020. Its large size shouldn’t come as too much of a … [continued]
Have you ever thought that the health benefits of reducing emitted carbon might pay for the costs associated with implementing clean air policies? A new study, published online Sunday in the journal Nature Climate Change, has found that savings from health benefits dwarf the estimated $14 billion cost of a cap-and-trade … [continued]
California has set the date and details for a second CO2 emissions allowance auction to be held February 2013, under the state’s cap-and-trade system.
California’s starting a state cap-and-trade system to help address global warming later this year. A new report from the state’s Legislative Analyst’s Office finds that the program could be raising up to $14 billion. The money will be raised from CO2 pollution credits. Auctioning begins this fall and it’s expected that … [continued]
QUICK NEWS: If you haven’t heard yet, California’s cap-and-trade program is finally fully, fully approved. Here’s the quick summary from the LATimes:
(This is actually a guest post, as forwarded to me by the NRDC: I’ll just provide all the necessary illustrations. It is by Kristin Eberhard, the Legal Director of Western Energy and Climate Projects at the NRDC. We’ve written here (so many times!) about the virtues of cap and trade, … [continued]
There is an uproar of misguided hysterical opposition by the ill-informed on the Left and by the very carefully mis-informed on the Right – all opposing the cap-and-trade policy being suggested to cut carbon emissions, within the climate bill. The Left is certain that Green sellouts just want Wall Street … [continued]
A new poll conducted by Yale University and George Mason University researchers shows that American voters do want strong climate and energy legislation. “Climate Change in the American Mind: Public Support for Climate & Energy Policies in January 2010” is the name of the poll and it shows bi-partisan support … [continued]
Well, it is a surprise to me, and probably to a lot of people. But news from the US Climate Task Force and Fortune 500 is that US voters prefer a straight carbon tax over cap-and-trade once they are educated a little bit on the two options. This is what … [continued]
