California Drafts Cap-And-Trade Options In Landmark Climate Change Policy

May 20, 2005
The California EPA has completed options to pursue a statewide greenhouse gas emissions cap-and-trade program, and the governor is expected to soon announce emission reduction targets for the state, according to sources. The effort has national implications because of California's size and the potential that other states may follow suit, sources say. Cal/EPA is leading an "intergovernmental working group" to evaluate options for a comprehensive greenhouse gas cap-and-trade program for the state, according to agency sources. It is unclear when...

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