Green Car Congress

MARCH 22, 2010

Under the cap-and-trade system, industries regulated by it—the largest being power generation, chemicals, steel, and cement—are given limits on their total emissions, and companies can purchase emission reductions from others in lieu of reducing emissions themselves. Validation and Verification. Validation requires additionality.

Carbon 255

Carbon Climate Change Climate Emissions 255

Green Car Congress

SEPTEMBER 19, 2019

Wheeler adduced four reasons to support that argument: price, safety, environmental impact and incentivizing the purchase of new, cleaner, safer cars. Purchasing. Wheeler said that either consumers cannot afford the price of new vehicles or they are not interested in purchasing certain types of new vehicles.

Fuel Economy 170

Fuel Economy Standards California EPA 170

Green Car Congress

APRIL 10, 2010

If they don’t have enough allowances to cover their emissions they must purchase more or face a penalty. The opportunities for private-parties to buy and sell emissions allowances, and to purchase any allowances auctioned by the state, lie behind cap and trade’s potential to achieve emissions reductions at low cost to the overall economy.

Gas 244

Gas Climate Change Emissions Climate 244