California cap-and-trade
In order to help leaders and policymakers prepare for the upcoming United Nations Framework Convention on Climate Change (UNFCCC), the International Energy Agency has released a document that contains highlights of a report it will release next month concerning CO₂ emissions from fuel combustion.
Continuing to lead the United States' clean energy initiatives, California has officially adopted a cap-and-trade program.
The California Air Resources Board (ARB) made it official with a unanimous vote; and, by doing so created the first carbon market in North America.
World carbon trading markets are growing exponentially, with jurisdictions across Europe, North America, and Asia establishing trading schemes. However, as the European Union has recently di
California state has released the final draft of its carbon emissions trading scheme to cut greenhouse gas emissions.
