CALIFORNIA BACKS AWAY FROM CAPANDTRADE

摘要

When the senate walked away from energy reform this year, it seemed to spell theend of cap-and-trade as well. But the idea-which calls for a market that lets companies buy and sell pollution allowances-is still alive at the state level. In 2007, 10 Eastern states developed a cap-and-trade system for power plants. Now a group of three states and three Canadian provinces, members of a coalition called the Western Climate Initiative (WCI), have agreed to launch the world's most comprehensive pollution market, one that incorporates transportation and