Tag: Cap and Trade System
November 18th, 2010, 2 Comments
The Chicago Climate Exchange (CCX) recently announced that it will be shutting down its carbon exchange market at the end of this year, presumably in large part due to stalled cap and trade legislation which failed to pass in congress last week.
Had this legislation been passed it would have introduced a national regulated cap [...]
July 30th, 2010, No Comments
By: Tiffany Richmond
The Western Climate Initiative (WCI) and its partner jurisdictions released a comprehensive strategy on Tuesday, including a robust cap and trade system, to address climate change in North America. The program’s objective, culminated from two years of work, is to reduce greenhouse gas emissions by 15% below 2005 levels by 2020.
The program includes: