California Cap N Trade Will Benefit Residents

The state that has instigated every key U.S. effort to curb fossil-fuel emissions since the 1960s now will tackle the greatest challenge of all—reining in greenhouse gases—with a cap-and-trade system launched recently, reports Daniel Stone at National Geographic News. Issuing 62 “right to pollute” permits will cut carbon emissions by 20% by 2020, officials hope, and lead the way to broader action on climate change.  This attempt to change how business is done will also result in dividends to residents and to a lesser extent, small businesses and large businesses in fierce competitions with out-of-state businesses, while not increasing monthly residential energy bills, reports David Baker at the San Francisco Chronicle. In this way, California hopes to retain large businesses, although their payout would decline over time as they ease into the new system. “On the basis of today’s decision, we have a solid blueprint for helping customers ease into a carbon pricing regime, and reap the benefits,” said Alex Jackson, legal director of the California climate project at the Natural Resources Defense Council.

 Join the swelling numbers of voters TELLING Congress they’ll vote for Clean Energy candidates here: http://signon.org/sign/we-are-the-clean-99?source=c.em.cp&r_by=487176 . This is an ongoing campaign (the next Congressional election is in 2 years!) so please, spread the word. This is how YOU can make a difference.

Sources:

California tackles climate change, but will others follow? Can California save the planet? The state that has instigated every key U.S. effort to curb fossil-fuel emissions since the 1960s now will tackle the greatest challenge of all – reining in greenhouse gases – with a cap-and-trade system launched this week. National Geographic News also:

Cap and trade may be plum for homeowners

San Francisco Chronicle ‎- 15 hours ago

California residents would see no net increase in their monthly utility bills as a result of the state’s new cap-and-trade system to fight global … http://www.sfgate.com/business/article/Cap-and-trade-may-be-plum-for-homeowners-4045628.php

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About melharte

Mel (Mary Ellen) Harte is a biologist (PhD) and climate change educator. She co-authored the free online book, COOL THE EARTH, SAVE THE ECONOMY, available at www.CoolTheEarth.US, and writes the CLIMATE CHANGE THIS WEEK column at the HuffingtonPost. Living summers in the alpine Rockies, she is on the frontlines of watching what climate change can do. Her diagnostic digital photographs of wildflowers have appeared in numerous publications.
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