Skip to comments.California to adopt 'cap and trade' to combat climate change (Air Resources Board to vote)
Posted on 12/15/2010 6:58:13 PM PST by NormsRevenge
Taking the lead where Washington has wavered, California on Thursday is expected to adopt the nation's most ambitious plan yet to curb global warming.
The California Air Resources Board is all but certain to vote to approve comprehensive "cap and trade" regulations designed to cut greenhouse gases. The regulations would impose limits, or "caps," on emissions from large industrial polluters through permits, or allowances, that could be traded on a market.
California's plans to forge ahead are in sharp contrast to the lack of action from Washington, where Congress has rejected cap and trade at the national level. While the state's plans have drawn criticism from affected industries, the cap-and-trade program is expected to be a boon for Silicon Valley's burgeoning cleantech economy.
"We are the innovators when it comes to figuring out how to reduce carbon," said Bob Hines, energy director of the Silicon Valley Leadership Group. "We're really excited. It sends the market signal we've all been waiting for, and it's going to lead to further job creation."
Kate Gordon, vice president of Energy Policy for the Center for American Progress, a progressive think tank called the regulations "a game-changer. We have an existing infrastructure for fossil fuels, and this levels the playing field for cleantech."
Under the new system, which goes into effect Jan. 1, 2012, California would distribute annual allowances to such industrial entities as power plants, oil refineries and cement and glass factories that emit large volumes of greenhouse gases. In 2015, the program would extend to distributors of transportation fuels.
(Excerpt) Read more at mercurynews.com ...
A tax is a tax is a tax
grant jeffrey last week did a show on global warming.
he said 32,000 climate professionals are
of these, 9,000 have ph.d’s.
Are these people on DRUGS????
Well, this ought to really get the California economy cranking.
Unfortunately, all the money will be going to U-Haul, real estate agents, and relocation companies.
Ah, wandering aimlessly with no apparent sense of direction.
We still have room, but between the yankees and the wetbacks, it’s going fast!
Remember to stop all air molecules at the border!
Having the industries go to China, India, or Texas will not reduce carbon use.
When we tank, I hope we can reorganize into three states.
Southern California starting at the Orange County border;
Central California including LA,SF, and Sacramento; and
finally Northern California starting 25 miles north of
That’s what i would like to know.
Well, Chris Christie supports this in New Jersey, so it can’t be a BAD thing, can it ?
From where do they derive their 'authority' to impose and collect taxes?
It's California; that means I should sue!
Just what Cali needs. MORE government spending.
They forgot, it’s “Crap and tax”.
I’d like to thank the taxpayers of California for being so “concerned” about Algore’s bank account balance.
Now I know, with out a doubt, that these rats are trying to destroy this once great nation. People and business are packing up and leaving and they want to destroy what is left.
Is there any way we can just get Mexico to take California back?
“Ah, wandering aimlessly with no apparent sense of direction.”
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