California has begun auctioning permits for greenhouse gas emissions, launching what is expected to be the world’s second-largest carbon market.
California’s largest business group filed a lawsuit Tuesday challenging the validity of the state’s cap-and-trade program on the eve of the first pollution permit auction.
California’s largest greenhouse gas emitters will begin buying permits in a landmark “cap-and-trade” system designed to control emissions of heat-trapping gases and to spur investment in clean technologies.
Californians routinely pay some of the highest gas prices in the nation, and the current cost of a gallon at the pump is no exception. But, drivers who think they’re being unfairly exploited by the oil companies should think again – says one UC Berkeley economist, who points to many other reasons why the cost of fuel is so high.
California air regulators have unanimously passed sweeping auto emission standards that include a mandate to have 1.4 million electric and hybrid vehicles on state roads by 2025.
A co-author of a study on reducing California’s level of greenhouse emissions to 1990 levels by the year 2020 says it’s ambitious, but attainable.
Truck operators said the expensive filters the Port of Oakland required them to install in lieu of buying newer model rigs that typically cost $100,000 will wind up being obsolete under new standards.
A federal appeals court rejected a legal challenge Friday that sought to bar implementation of a California regulation meant to reduce greenhouse gas emissions by forcing automakers to make and sell less polluting cars in the state.
A judge temporarily halted California’s ambitious program to provide financial incentives for the state’s largest polluters to cut harmful greenhouse gas emissions.
California regulators on Thursday approved the first system in the nation to give polluting companies such as utilities and refineries financial incentives to emit fewer greenhouse gases.