27 Jun '11, 6pm

Court rules California’s cap-and-trade program can advance

Court rules California’s cap-and-trade program can advance

Cross-posted from Climate Progress . After a period of legal uncertainty, a California court has ruled that the state can proceed with developing a cap-and-trade program. Last month, a Superior Court judge put a temporary hold on the program, saying that California's Air Resources Board hadn't properly explored alternatives to a cap-and-trade system. This latest ruling allows regulators to keep working on the details of the market structure as the court deliberates the matter : A source with the appellate court said it could take well over a year before the busy court weighed in on the matter, which should give state regulators enough time to complete work on the details of a carbon market this year, lawyers said. "Absent any further appeal or development, this means that California is permitted to continue work on its cap-and-trade program while the appellate court hears ...

Full article: http://www.grist.org/climate-policy/2011-06-27-court-rule...

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