WCI
How Do We Keep Pollution Reductions After This Crisis? Invest in Climate and Public Health
As the COVID-19 pandemic has temporarily halted almost all economic activity and travel, cities around the world have seen a significant improvement in air quality and lowered greenhouse gas emissions. With people working from home, electricity demand has also fallen,...
Cap-and-Trade in California: Health and Climate Benefits Greatly Outweigh Costs
We compare the costs of greenhouse gas reduction programs to the value of reducing the worldwide dangers of climate change and of improving health outcomes to determine whether the programs are a cost-effective means for spending large amounts of state...
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...