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.

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California to Create the Nation’s First-of-its-Kind Carbon Market

“The King is dead! Long live the King!” I never really understood what that phrase meant – until now. Supporters of carbon markets…
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Billionaire Richard Branson Calls For a Global Carbon Tax

Sir Richard Branson, the brash, suave, billionaire adventurer has suggested that a carbon tax can stave off a global climate crisis, as long…
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Why California Should Adopt a Global Warming Gas Emission Fee

By: David A. Bainbridge Failed states are growing in number–Somalia, the Congo, Afghanistan, Iceland, Greece, Ireland, and California? If California can’t eliminate its…
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Chicago Climate Exchange to Cease Operations

The Chicago Climate Exchange (CCX), the U.S.’s only emissions credit exchange, will close shop by year’s end, citing a lack of legislative interest.…
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Eliminating Fossil Fuel Subsidies Trumps Cap and Trade

This past Sunday morning, I spoke at a charity brunch in Virginia. The brunch was actually part of a benefit to raise money…

Prop 23: The Whole World Watches as Narrow Interests and the Planet Collide in California

With the election of 2010 imminent, all eyes that are looking hopefully in the direction of a sustainable future are turned towards California,…

Carbon Reduction Beyond Cap and Trade or the Carbon Tax

With all the commotion over the up coming November mid-term elections, the recent death of cap-and-trade has been quietly dismissed.The American Clean Energy…
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To Say California’s AB32 Kills Jobs Is ‘Bunk!’

Ed Note: We’re reposting Bill Roth’s earlier interview with Marin Energy Anuthority Chair Charles McGlashan because of it’s relevance to the ongling ballot…
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Proposition 23 Will Cost Californians Billions

California’s Proposition 23 is financed by out-of-state companies, including two Texas oil companies (Valero Energy Corp. and Tesoro Corp.). A post last week…
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Clean Energy Investors, Google Fight Prop. 23

Oil companies on one side, venture capital on the other. Big money has entered California's battle over AB 32.
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Once Again Fossil Lobby Tramples Clean Tech Startups

The year was 1978. Jimmy Carter was president. The air was abuzz with the promise of solar energy. No pollution, no oil to…
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Do We Need a Green Tea Party?

by Jonathan Mariano The Tea Party is a growing force. Some say it is a grassroots movement, others say it is a front…
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Green Chamber of Commerce Moves Beyond SF Bay Area–Second Chapter in….Las Vegas?

The U.S. Chamber of Commerce has historically been the bane of progress on legislation that caters to healthy and sustainable communities.  It’s no…

Reducing Emissions from Deforestation and Degradation in California Compliance Market

by Lee Barken The winds of change are blowing across the climate change policy landscape. With legislation stalled in the Senate, attention now…
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AB 32: The Normandy of Climate Change Legislation

Larry Goldenhersh, CEO of Enviance, argues that should California voters uphold AB 32, we will witness a transformation of energy policy—the Normandy invasion…