Will California’s cap-and-trade experiment catch on?


By Brad Plumer – The California Air Resources Board is putting the finishing touches on a statewide cap-and-trade system for greenhouse-gas emissions. You can bone up on the details in the Los Angeles Times. But here’s a broader question: Will California’s adventure have any effect on climate policy in the rest of the country?

A few things need to happen for California’s carbon fever to spread.

Other states will be watching to see whether California suffers from trying to reduce its carbon-dioxide emissions 25 percent below 1990 levels by 2020. Will cement plants flee the state? Will electricity bills go through the roof? more> http://twurl.nl/lmn5au

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2 responses to “Will California’s cap-and-trade experiment catch on?

  1. Pingback: Green Economics and "Pollution Assets" | Freedom Riders

  2. Pingback: California Air Resources Board Finalizes Cap-and-trade Regulation « earth energy Solutions | eeS Group

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