September 18, 2016, 9am PDT
The state's unique Clean Air Rule is called 'cap-and-reduce.' Businesses that fall under the cap are required to reduce emissions, just like California's cap-and-trade program. However, they can not be forced to purchase carbon credits.
July 22, 2015, 6am PDT
Jets no longer run solely on fuel derived from petroleum, thanks in part to Colorado-based Red Rock Biofuels. They signed contracts with FedEx and Southwest Airlines for "renewable jet fuel" that is derived from wood-based biomass.
The Denver Post - Business
November 15, 2012, 8am PST
California's climate law reached a milestone on Nov. 14 when the state auctioned its first carbon credits in the 'Cap & Trade' provision of the bill. But that didn't stop the CA Chamber of Commerce from filing suit against this provision of the law.
The Sacramento Bee - Business