Friday, 17 December 2010

California Is First US State To Approve Carbon Trading

The President may be unable to get anything resembling a climate bill into law but that doesn't stop certain states making their own legislation. California is probably foremost amongst these, having passed a series of number of carbon cutting measures.

Now the State has voted for a cap-and-trade system to encourage businesses to cut their CO2 emissions. California want to cut carbon to 1990 levels by 2020 (A 29% cut).

The question now is, will the other green states, like Vermont, Oregon and Washington join them?

More details here.

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