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Politics : The Exxon Free Environmental Thread

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To: Eric who wrote (6706)12/4/2010 11:06:04 AM
From: Wharf Rat  Read Replies (2) of 49035
 
:>)
We start in '12.

California, New Mexico and 10 U.S. Northeastern states may try to create a North American carbon market on their own now that President Barack Obama has given up on cap-and-trade legislation that stalled in Congress.

The emissions-trading system would be based on a planned carbon market in California, the most populous state, and an existing regional cap-and-trade program for power plants in the Northeast, according to state environmental officials. Three Canadian provinces have also shown interest in a cross-border carbon-trading system, the officials said.

bloomberg.com
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With California voters affirming the state's landmark climate plan by the widest margin of any vote in the state last week (22 points), it's set to launch cap-and-trade in 2012. Unlike RGGI's power-plant-only focus, California will address manufacturing and, in 2015, transportation fuels. It would be, as Brad Plumer puts it, the real thing. And in governor-elect Jerry Brown (D), the state will have a leader who's eager to enact it.

grist.org
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