Tuesday, November 11, 2008

Cap and Trade News


California's blueprint to address global warming won't include details of an emissions-trading program as regulators try to build consensus on how best to organize the market-based system.
The California Air Resources Board will begin a rule-writing process after next month's approval of the so-called scoping plan and is seeking outside help from experts to recommend ways to build a cap-and-trade system, said Mary Nichols, chairwoman of the rule- making panel. Under state law, the program must be ready to begin by 2012.

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