News

Local: Here is where you can read news about local jurisdictions capping GHGs to meet their climate action goals, and groups that are working at the local level. Read on...

California: A lot is happening around California's AB32. Back in 2009, the Economic and Allocation Advisory Committee explored "the concept of returning the value of allowances back to the people." Since then, the Air Resources Board adopted regulations, the California Public Utility Commission has opened a proceeding, and the Governor is looking into how to allocate revenues. Read on...

State: The Western Climate Initiative is discussing a regional cap and trade market for Western States. Read on...

National: Congress seriously discussed capping national greenhouse emissions in 2009. The Waxman-Markey bill (ACES) passed the House. It was a flawed bill, giving free allowances to utilities, but it also would have created a Consumer Rebate Fund (which unfortunately does not reach most Americans until 2030). It never became law because it died in the Senate. An alternative bill, the CLEAR Act contained dividends, as described in a report from the University of Massachusetts, Amherst on Cap and Dividend (nice maps!). Read on...

International: Hopes were high at COP-15 in Copenhagen December 2009. Since then, foreign ministers have met in Cancun and Durban, and there is a framework for a plan for 2013-2020. Is it enough? And will it just lead to continued gridlock in 2015? A group of citizens in the UK, Ireland, and elsewhere are promoting Cap and Share. A citizen's initiative is beginning to look at how a Global Carbon Trust could administer such a program. Read on...

 

 

 

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