Posts Tagged ‘cap and trade’

U.S.: California Becoming the Locus of Carbon Markets

The key to reducing the rates of tropical deforestation is to make the forests more valuable standing than cleared. REDD (reducing emissions from deforestation and degredation) programs, which attempt to put a market value on carbon stored in forests, create economic opportunity within a cap-and-trade program. REDD in California is alive and well; the state’s economy-wide cap-and-trade program is scheduled to go into effect on January 1, 2012.

Continue Reading...