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California and Quebec create their own transnational carbon market

2013-10-03 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Quartz: Efforts to create a national carbon market in the US to cut greenhouse gas emissions may be deader than bipartisanship in Washington. But California today took another step to globalize its cap-and-trade program by signing an agreement with the Canadian province of Quebec to integrate their two carbon markets as of January 2014. The deal is another sign that any efforts to fight climate change are likely to be spearheaded by cities and states rather than nation-states, given the utter failure...

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