WCI

Cap-and-Trade ambition renewed in 2019 after a decade of decline

With COP25 currently underway, market-based approaches to emissions reductions have been a major topic of negotiations among almost 200 countries, as they work to finalize rules under Article 6 of the Paris Agreement. On November 4th, the United States formally...

Regional Cap and Trade: Lessons from the Regional Greenhouse Gas Initiative and Western Climate Initiative

TWO LARGE CAP-AND-TRADE SYSTEMS for carbon dioxide emissions (CO2) exist in the U.S. — the Regional Greenhouse Gas Initiative (RGGI) that currently covers ten Northeast and Mid-Atlantic states; and the Western Climate Initiative (WCI), which now includes California and the...