CARB's new very preliminary draft cap-and-trade regulations are now available on CARB's website. The draft regulations have placeholders for many of the most important provisions, such as how allowances will be distributed, how many will be auctioned and how many will be freely distributed. And CARB has not yet made a decision whether to include industrial emitters of less than 25,000 MTCO2e in the initial cap-and-trade phase from 2012 to 2015. CARB's overview summary provides a schedule for the promulgation of the regulations, which are scheduled to go into effect January 1, 2012.
-Morgan
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Cap and Trade schemes are ineffective, counterproductive, and environmentally damaging, while carbon offsets are an out and out fraud. If we absolutely have to use cap and trade, however, there are some changes we can make to ensure we can still get some benefit from it.
http://www.selfdestructivebastards.com/2009/12/cap-trade-and-offset.html
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