Schwarzenegger
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California adopts nation's first state cap-and-trade program
In what the L.A. Times calls "landmark" legislation, on Thursday California became the first state in the nation to adopt a classic cap-and-trade system for regulating greenhouse-gas emissions.
Cap-and-trade is the centerpiece of AB 32, California's historic climate change law that mandates a reduction in carbon pollution to 1990 levels by 2020. Beginning in 2013 the state's largest carbon emitters will be required to meet the caps or buy credits if they cannot.
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The China-Europe-America Smackdown
America, it could be worse. We could be Europe. I mean, we’re still mostly in the race with China – – in the past five years, they improved energy efficiency by nearly 20% and have a new five-year plan for another 20%. I say big deal – – the Empire State Building recently completed an […]