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Tag: Cap and Trade

Quebec Adopts Cap-and-Trade System for Greenhouse Gas Emission Allowances

January 10th, 2012, No Comments

By: Tiffany Richmond
Quebec has officially announced that the province will be adopting the Western Climate Initiative’s (WCI) cap-and-trade system for greenhouse gas (GHG) emission allowances by 2013.
The WCI, a collaboration of independent jurisdictions who are working together to identify, evaluate, and implement emissions trading policies to tackle climate change at a regional level, central component [...]

Chicago Climate Exchange Closes its Doors

November 18th, 2010, 2 Comments

By: Luke Takeuchi
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 [...]

Financial Mechanism to Reduce Carbon Emissions

March 4th, 2010, No Comments

By: Peter Rowles
The topic of climate change has been hotly debated for the past 20 years. Until recently, scientists, politicians and business leaders, especially in North America, have not been able to agree on the existence of the problem let alone what measures should be taken to mitigate it. It is only recently that consensus [...]