Posted by Jill Buck at 12:00 am on May 09, 2007 1 Comment
I just got off a conference call with 120 other people from CA,
WA, OR, NM, AZ, and British Columbia. The purpose of the call was
to introduce an initiative that the Governors of each of the states
and the BC province have begun to regionally address reduction of
greenhouse gas emissions through the development of a regional cap
and trade market for carbon emissions. In a nutshell, a cap and
trade market allows companiesthat exceed government standards
in carbon emissions to sell carbon shares to companiesthat
fail to meet government standards for reduction of carbon
emissions. The Western Governor’s Association is providing
assistance to the group, in terms of coordination. The goal for the
member states and provinces is to set goals by August of this year,
and by August of 2008 have some standards in place that will be
enforced state-by-state, as well as regionally. The hope is that
the members will adopt California’s motor vehicle emissions
standards, and mirror the statutory requirements of AB 32.
While I was on the call, I had a flashback to the Governor’s
Climate Change Summit last April in San Francisco. At that time,
there were members of the panelwho… Read More