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Ontario and Quebec sign cap-and-trade deal to curb climate change

2015-04-13 18:24:00| Climate Ark Climate Change & Global Warming Newsfeed

Canadian Press: Ontario will adopt a cap-and-trade system to reduce greenhouse gas emissions, signing a deal with Quebec, but Premier Kathleen Wynne offered scant details Monday on pricing and the effects on hydro bills and gas prices. The announcement comes seven years after Ontario first signed onto the Western Climate Initiative with Quebec and California, but specifics will come later, Wynne said. It would be irresponsible of us to speculate on exactly what the costs are going to be when we havent worked...

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Canada: Wynne unveils Ontarios plan to join emissions cap-and-trade system

2015-04-13 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Globe and Mail: She and Environment Minister Glen Murray used the backdrop of Ecobee, a company that has created smart thermostats for households, to announce the government's plan. In the absence of federal direction on the climate-change file, Ontario and Quebec appear to be taking control. By linking with Quebec and California, this will create a carbon market of 61 million people and cover more than 60 per cent of Canada's population. The Globe and Mail first reported Ontario's intentions to adopt a cap-and-trade...

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Rice may become first crop in cap-and-trade program

2015-01-07 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Appeal Democrat: Rice could soon become the first crop in California's cap-and-trade program, but it is unclear if the program provides enough incentives to motivate farmers to change their growing practices. In a December meeting, the California Air Resources Board directed staff to begin the process for including rice in the cap-and-trade program, which is part of a statewide program to reduce greenhouse gas emissions to 1990 levels by 2020. The idea is to provide economic incentives for major investment in...

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California's Cap-and-Trade Program Now Covers Cars

2015-01-05 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Grist: After a long PR battle between oil industry lobbyists and Californias regulatory agencies, the states cap-and-trade program was extended on Jan. 1, on schedule, to cover companies that sell fuel to drivers. That means fuel retailers will have to either provide lower-carbon fuels or buy permits for the pollution their products put into the air. Industry front groups have been labeling this new extension of the cap-and-trade program a hidden gas tax. Citing calculations based on outdated figures,...

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Washington State's cap-and-trade plan for carbon emitters

2014-12-21 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Olympian: At the heart of Gov. Jay Inslees climate-action and state budget plans is a cap-and-trade system that would charge potentially 130 major polluters for their emission of greenhouse gases. The goal is to make heavy emitters, including fuel refineries and fuel suppliers, pay for their releases of carbon dioxide, a greenhouse gas linked by scientists to global warming. Inslee hasnt set a price yet, but based on a similar California plan, the state could raise almost $1 billion a year with a price...

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