30 Jun '11, 6pm

Polluters Get 1-Year Respite from California Cap-and-Trade

Polluters Get 1-Year Respite from California Cap-and-Trade

In the wake of a lawsuit filed by environmental groups, California will delay enforcement of its greenhouse gas cap-and-trade program by one year to give the state more time fine-tune the scheme. The head of the California Air Resources Board (CARB) said Wednesday that polluters wouldn't have to comply with the emissions trading program until 2013, but it would still begin in 2012. "We will be testing the system, doing simulation models, but no one will be held accountable during that year for compliance," CARB Chairwoman Mary Nichols told legislators Wednesday, ClimateWire reported . "But at the end of 2014, people will still be where they would have been if the program had started." The delay doesn't let any polluters off the hook, just delays when they must begin participating in the cap-and-trade. The stringency of the program will remain the same in order to help the ...

Full article: http://www.greenbiz.com/news/2011/06/30/polluters-get-1-y...

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businessgreen.com 27 Jun '11, 11am

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