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3 East Coast states and DC first to participate in TCI-P cap-and-invest program for transportation

Green Car Congress

The TCI-P will work by requiring large gasoline and diesel fuel suppliers to purchase “allowances” for the greenhouse gas emissions caused by the combustion of fuels they sell in participating jurisdictions.

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Governors of 11 Northeast and Mid-Atlantic States Agree to Work Together Toward Reducing Greenhouse Gas Emissions from Fuels; Timeline for Developing a Potential Low Carbon Fuel Standard for Region

Green Car Congress

A credit trading system will provide opportunities to control costs by allowing a supplier to purchase credits from low carbon fuels and average them with higher carbon fuels delivered to customers. Tags: Climate Change Emissions Fuels Policy.

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

Green Car Congress

Markey of Massachusetts, both Democrats, built their climate change bill last year in large measure around it. As Senators Graham, Kerry and Lieberman try to resuscitate the climate change bill by introducing a revised bill in mid-to-late April, twenty-three U.S. Representatives Henry A. Waxman of California and Edward J.

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