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Steinberg plan would dedicate California cap-and-trade dollars to housing, transit

2014-04-14 14:43:00| Climate Ark Climate Change & Global Warming Newsfeed

Sacramento Bee: In an effort to more closely manage how California spends revenue from its fledgling cap-and-trade program, Senate President Pro Tem Darrell Steinberg, D-Sacramento, on Monday unveiled a plan to dedicate ongoing money to affordable housing, mass transit and high-speed rail. "National and international experts say that the climate problem grows worse, that we have no time to sit back and wait and think about an investment strategy year-to-year or just short-term. Now is the time to grab the moment...

Tags: plan california dollars housing

 

Californias cap-and-trade program pays loggers clearcut old-growth forests

2014-04-03 17:23:00| Climate Ark Climate Change & Global Warming Newsfeed

Grist: Timber industry lobbyists clinched a nice little victory in Sacramento four years ago, and now forests and the climate are paying the price. Under Californias cap-and-trade program, which began in late 2012, timber companies can earn carbon credits by felling forests and chopping down old-growth trees and then replanting the razed earth with younger trees. Which they will eventually chop down, again, after they have grown. The idea was that the younger trees would suck up a lot of carbon dioxide...

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US cap-and-trade system back on track to cut carbon emissions

2014-03-10 09:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Climate Progress: The Regional Greenhouse Gas Initiative had its first auction this week since lowering its cap -- and the results suggest the system is once again effectively reducing carbon emissions. Encompassing nine states in the northeast, RGGI is a cap-and-trade system that started operating in 2008. It sets an overall cap on the amount of carbon dioxide that can be emitted by the participating states. Then it breaks that amount into permits -- each allowing for one ton of emissions in a given year -- and...

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California and Québec take another step toward linking cap-and-trade programs

2013-10-01 23:30:15| Green Car Congress

Tags: step california programs linking

 

Buyer Liability Insurance Now Available For California's Cap-And-Trade Offset Program

2013-05-22 15:42:00| pollutiononline News Articles

The Climate Action Reserve, North America’s premier carbon offset registry, and Parhelion Underwriting Ltd., the leading innovator for carbon market insurance products, recently announced a unique, strategic alliance to support the delivery of the first insurance product for compliance offset credits in California’s Cap-and-Trade Program

Tags: program insurance buyer liability

 

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