cap-and-trade
-
RenewablesChina Advances Plan for Nationwide Carbon Trading System
Top governmental bodies in China in December approved plans for a carbon trading system that will first target power plants and then cover most of the nation’s mammoth industrial body. President Xi Jinping
-
Legal & RegulatoryEastern States Expand Emission Cuts as Part of Cap-and-Trade
Nine states in New England and the Mid-Atlantic region have said they will cut emissions from power plants by 65% below 2020 levels by 2030, expanding a cap-and-trade program designed to reduce carbon output usually associated with power plants. States in the Regional Greenhouse Gas Initiative (RGGI) agreed to increase emissions cuts by an additional […]
-
RenewablesChina to Limit Support for High-Carbon Projects, Begin Nationwide Carbon Cap-and-Trade by 2017
In its latest effort to ram down carbon emissions and address air pollution, China will strictly limit public financing to coal and other high-carbon projects and begin a national program in 2017 to cap and trade greenhouse gas emissions. The country’s emission trading system will cover power generation, steel, cement, and other key sectors. China […]
Tagged in: -
RenewablesU.S. and China Agree to Increase Nationwide Carbon Reduction Targets
Reaching an unexpected climate breakthrough, the U.S. and China in a joint statement on Wednesday each announced new targets to slash carbon dioxide emissions by 2030. President Barack Obama set a new target to cut U.S. carbon emissions between 26% and 28% below 2005 levels by 2025. Chinese leader Xi Jinping, meanwhile, said his country […]