It’s rare in these politically turbulent times for a government entity to make a unanimous decision, but that’s what happened as California’s Air Resources Board (ARB) adopted the most stringent cap-and-trade mandate in the United States in October 2011. This cap-and-trade program is one of the measures being carried out under California’s Global Warming Solutions
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On July 27th, the Western Climate Initiative (WCI) released a comprehensive blueprint for reducing regional greenhouse gas (GHG) emissions to 15 percent below 2005 levels by 2020. The centerpiece will be a series of integrated, market-based cap-and-trade systems scheduled to begin operation on January 1, 2012. This will eventually address up to 90 percent of
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