Wednesday, January 2, 2013

California carbon trading scheme gets underway

BusinessGreen: The United States' first legally-binding emissions cap-and-trade scheme kicked off in California on Tuesday, with campaigners hoping the state could provide a model the rest of the country could follow as it attempts to tackle carbon emissions. The scheme officially came into effect on January 1, establishing a state-wide limit on total emissions of 162.8 million metric tons of carbon dioxide and imposing emission allowances on around 350 companies generating more than 25,000 metric tons of carbon...

URL: http://www.businessgreen.com/bg/news/2233441/california-carbon-trading-scheme-gets-underway?WT.rss_f=Home&WT.rss_a=California+carbon+trading+scheme+gets+underway

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