Environmental
Jan. 30, 2013
Offsets allowed in state cap and trade program, judge rules
Giving a boost to the state's nascent cap and trade market, a San Francisco judge has ruled that regulators acted within their powers when they included carbon offsets in the program.
By Fiona Smith
Daily Journal Staff Writer
Giving a boost to the state's nascent cap and trade market, a San Francisco judge has ruled that regulators acted within their powers when they included carbon offsets in the program. Cap and trade is a key part of the state's ambitious fight against climate change and sets pollution limits on major greenhouse gas sources such as power plants and refineries. Offsets are cost-containment measure in the program that allow companies to ...
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