NEW DEVELOPMENTS IN THE CARBON MARKET

摘要

Recently, the voters of California overwhelmingly defeated Proposition 23, a ballot proposition seen by residents from Arnold Schwarzenegger to State Democrats as a tactic to delay the state's existing taw aimed at curbing global warming by putting tough limits on greenhouse gas emissions. However, on the same day, the Republican Party took control of the U.S. House of Representatives, threatening any national effort to control global warming or implement federal cap-and-trade legislation.