Topic: California's Second Carbon Auction Today: An Explainer on Cap-and-Trade
Author: Robynne Boyd
Published: February 19, 2013
"Summary"
The Golden State officially launched its long-discussed market-based on system to reduce greenhouse gas (GHG) emission. The California's GHG cap-and-trade program is not the first of its type. Then the carbon trading schemes are popping up around the world. In 2009 the business of the regional greenhouse gas initiative or the RGGI. Then they concentrates on the carbon emission emitted by power plants in 9 northeast states. As California expanded its focus to include emissions from power plants and manufacturing, with transportation fuels joinning the effort in 2015. The idea for the trade part of the scheme work is to remain within the emission cap. The first is finding ways reduce their emissions. Or, they can buy more allowances to emit more CO2 – either from the government or from other capped companies.
Author: Robynne Boyd
Published: February 19, 2013
"Summary"
The Golden State officially launched its long-discussed market-based on system to reduce greenhouse gas (GHG) emission. The California's GHG cap-and-trade program is not the first of its type. Then the carbon trading schemes are popping up around the world. In 2009 the business of the regional greenhouse gas initiative or the RGGI. Then they concentrates on the carbon emission emitted by power plants in 9 northeast states. As California expanded its focus to include emissions from power plants and manufacturing, with transportation fuels joinning the effort in 2015. The idea for the trade part of the scheme work is to remain within the emission cap. The first is finding ways reduce their emissions. Or, they can buy more allowances to emit more CO2 – either from the government or from other capped companies.
I picked this article because first it interest me that you can sell and put carbon for auction which is really new for me. The second part is that we are working on Carbon so it's really related to our topic. Well I learned a lot through this article because you can actually make money of carbon. But since every country is doing it the business will be really complicated to make a sell. It will take 6 type of gases that will fit within the program which is good.
The article that tells us about is that carbon can be useful for our industrial increase because this program can be associated with the country for the deals of selling the carbon. Not only for that this article can also be a information for the people that want to change their business. Or for the people that want to start their own business and haven't think of one. But this kind of business can really be expensive cause of the auction dealer will cost.
The article that tells us about is that carbon can be useful for our industrial increase because this program can be associated with the country for the deals of selling the carbon. Not only for that this article can also be a information for the people that want to change their business. Or for the people that want to start their own business and haven't think of one. But this kind of business can really be expensive cause of the auction dealer will cost.