WCI

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...