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Perspective: The Role of Offsets in Climate Change Legislation

Green Car Congress

For offsets to be credible, a ton of CO 2 -equivalent emissions from an offset project should equate to a ton reduced from a covered emission source, such as a smokestack or exhaust pipe. coal-fired power plants) would either be required by the emissions cap. Emission reductions from regulated sources (e.g., 1) Additionality.

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Perspective: Regional Greenhouse Gas Cap-and-Trade Programs May be the Solution

Green Car Congress

Cap-and-trade was first tried on a significant scale twenty years ago under the first Bush administration as a way to address the problem of airborne sulfur dioxide pollution–widely known as acid rain–from coal-burning power plants in the eastern United States. The program will reduce emissions fifteen percent below 2005 levels by 2020.

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