cap and trade

California adopts cap-and-trade for greenhouse gas emissions

In a first for the US, the state of California plans to put in place a cap-and-trade system to control the emission of greenhouse gases. Adopted this week by the California Air Resources Board, (ARB) the system is part of the state’s overall program targeting climate change. Other climate-focused

cap and trade

Climate expert: don't trade carbon, tax it

James Hansen, one of the US’s leading climate scientists, says he plans to send a letter this week urging President-elect Barack Obama to fight global warming with a carbon tax rather than a cap-and-trade system. According to the Worldwatch Institute, Hansen calls cap-and-trade “convenient, but it will not solve

cap and trade

EU emissions trading system: it's really rather good

Greenbang has something rarer than hen’s teeth, rocking horse poo and the Dalai Lama having a hissy fit because someone gave him sweet rather than salted popcorn when he went to see a Steven Seagal movie marathon combined. It’s a nice story about the European Union, and it’