Despite continued dispute over their effectiveness, carbon taxes and cap-and-trade programs in the United States and Canada have raised billions of dollars. And China has now followed suit.
Jan 21, 2016 New York Times
Alberta Premier Rachel Notley announced a transformative three-pronged climate protection plan on November 22 that will cap greenhouse gas emissions from oil sands development, add a carbon tax, and phase-out coal power plants.
Nov 25, 2015 CTV
President Xi Jinping announced a landmark commitment on Sept. 25 to commence a cap-and-trade program in 2017, going further than the U.S. to limit emissions.
Sep 26, 2015 The New York Times - Asia Pacific
With five days left in the legislative season, Gov. Jerry Brown halved the fuels tax increases proposed in the Democratic bill as a sweetener to tax-averse Republicans, though they haven't show any willingness to date to compromise.
Sep 5, 2015 San Jose Mercury News
California industries are buying offsets in lieu of purchasing carbon allowances or reducing carbon emissions, and most of the offsets are spent out-of-state, assisting the recipients economically as well as reducing greenhouse gas emissions.
Aug 21, 2015 KQED: California Report
Just over a year ago President Obama's draft Clean Power Plan was unveiled. That proposal has been finalized and the president promoted it at a press event on Monday. The final rule is both stronger and more lenient that the original proposal.
Aug 3, 2015 The Guardian
On June 29, the California Strategic Growth Council awarded $121.9 million in Greenhouse Gas Reduction Funds to help build 28 affordable housing developments on major transit lines. Funding originates from proceeds of the cap-and-trade market.
Jul 6, 2015 PR Newswire
Governments must take correction actions to address climate change, warned Pope Francis in his June 18 encyclical, but cap-and-trade, which places a price on carbon emissions but can lead to speculation, is not one of them.
Jun 22, 2015 San Francisco Chronicle
California's economy is not only the "least carbon-intensive" in the United States, it's the second lowest in the world when measured per economic output, according to a new study that evaluates economics and environment.
May 19, 2015 San Francisco Chronicle
A short term increase in spending hides California's annual structural deficit of almost $6 billion—money needed to maintain the state's roads and bridges.
May 17, 2015 San Jose Mercury News