November 15, 2012
Pass the Gas: California’s cap-and-trade program uses market forces to push big polluters, like the Dynegy gas power plant in Moss Landing, to invest in emission-reduction technology.
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Despite the groaning from big polluters, California’s first carbon auction kicked off Nov. 14, launching a cap-and-trade program second in scale only to the European Union’s. The auction, open to major greenhouse gas emitters such ...