17 Apr '11, 3am

California On Starting the First U.S. Carbon Market

"Across the world, all eyes are on California," was stated several times during North America's largest annual carbon conference this week in Los Angeles. It referred to the big timely news of the week, Governor Jerry Brown signing the AB 32 legislation requiring that 33% of energy come from renewable sources by 2020. At the event "Navigating the American Carbon World" government regulators, utility companies, nonprofits, and the world of investments, were excited about the introduction of a cap and trade program in the U.S. The EPA's Gina McCarthy got a standing ovation, stating, "The battle is being won. We will change the face of the world." The positive mood was not without some warnings.

Full article: http://www.treehugger.com/files/2011/04/california-on-sta...

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