cap and trade

Cap and Trade is a market based policy tool, which sets a cap on the amount of emissions from a group of sources with the end goal of reducing the overall pollution in a nation, region, or industry.

The intention is to incentivize a reduction in emissions and penalize those who don’t comply. Participants in Cap and Trade receive allowances and can design their own compliance strategy giving them flexibility to sell and purchase emissions, in addition to other methods in order to comply with total allowances limited by the cap.

This system is a popular option used to reduce emission of pollutants, most notably green house gases. It operates similarly to a stock market in which the benefit of the system goes to the nations, regions or industry that are able to reduce their emissions through its use.

logo-eos-125x70

SBIO 2013 Semi-Finalist Interview: EOS Climate

Joe Madden, a pioneer in the North American Greenhouse Gas Markets, and Jeff Cohen, a 2008 Nobel Peace Prize honoree, created EOS Climate…
redd

Celebrating Planet and People on Earth Day

Today, social responsibility is considered a fundamental tenet of Earth Day. Even more striking is the role of business in the environmental discussion.…
Shell Oil

Shell Oil : Natural Gas Best Opportunity For Carbon Reduction

A company such as Shell has to operate on the basis of where the technical skills are and drive the objective of CO2…
Carbon Markets

The Global Carbon Market is Taking Shape

How the US and Australia are gearing up for carbon trading.
ca-co2

Almost Official: California’s Cap and Trade Program Finally Linking with Quebec

In this week's Navigating the American Carbon World pre-conference workshop on California’s cap and trade, carbon experts discussed the potential linkage between California…
cap and trade, carbon emissions, European Parliament, EU Parliament, European Union Emissions Trading System, EU ETS, Leon Kaye, carbon emissions market, backloading

European Cap-and-Trade Takes Step Backward After EU Parliament Vote

European cap-and-trade suffered a huge setback after the European Parliament rejected a plan to shore up the ailing carbon emissions trading system.
Carbon pollution

Why We Need A Price on Carbon

Last week, ThinkProgress posted a video that talked about how the storms, wildfires, droughts, and “weather on steroids” that are being caused by…
meters

Californians are Set to Benefit from Cap-and-Trade Proceeds

Since California’s cap-and-trade program for greenhouse gases officially entered into force this year, many have focused on its cost to businesses – particularly…
IMG_0221_framed

Bold New Senate Bill Addresses Climate Change

The Climate Protection Act of 2013 proposes a “fee and dividend” structure. The plan would tax carbon-emitting fossil fuels at the sources, but,…
3p 20130204-driving-growth-m

Chevron, EDF Chat About Fracking, Cap & Trade

Monday evening, two energy business and environmental policy heavyweights duked it out - sparring over several economic and environmental issues involving the future…
PC CCA prices Jan 2013

California Turns Its Carbon Market Dream into Reality

That’s it, it started, for real! Carbon allowances are now available for sale in California. Things are moving fast right now, so here’s…
coal power plant

Vietnam to Launch National Emissions Trading Scheme in 2020

Best known to Americans as the country where males of the baby boomer generation were sent to war, Vietnam will launch a national…
California will require all emitters to surrender carbon allowances starting January 1, 2013

Going Once, Going Twice…California Auctions First Carbon Permits

California held its first auction for carbon allowances last week - permits sold for $10.09 per tonne, it announced yesterday. So what does…
Smokestack1

ALEC Looking to Turn the Clock Back on Renewables

The Electricity Freedom Act is nothing more than a shameless attempt to repeal Renewable Portfolio Standard (RPS) legislation in any and all of…
Will President Obama be able to push more aggressive climate policy in his second mandate?

What Will Obama 2.0 Bring For Climate Policy?

President Obama gave a nod to climate change in his acceptance speech on election night, but reducing the United States' greenhouse gas (GHG)…