
2013 A Promising Start for California’s Carbon Cap-and-Trade Program
The value of carbon emissions allowances on California’s pioneering Cap-and-Trade Program totaled over $1 billion in its first full year of operations and brought in close to half-a-billion in revenues for the state treasury.
A Carbon Tax is More Viable than Cap and Trade
Pricing carbon is the cornerstone of a blueprint to contain climate change as it would provide both incentives and disincentives to reduce emissions. It would also drive investment and research dollars into renewable energy and efficiency. The best thing that governments can do to reduce emissions is to implement a cap and trade scheme or failing that, a carbon tax. Cap…
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