The Tokyo Metropolitan Government (TMG) on April 1 began a cap-and-trade program (PDF) that will cover approximately 1,400 industries, commercial buildings and large office buildings within the Tokyo Prefecture. The emissions trading program is Asia’s first and was rolled out at the same time that the UK also is expanding cap-and-trade to non-industrial businesses and government buildings. … Continue Reading
Monthly Archives: March 2010
UK Rolls Out Carbon Trading for Businesses — Would the US Adopt It Too?
Posted in Cap & TradeWhile the U.S. Congress argues whether or not to adopt climate change legislation that includes cap and trade, the United Kingdom has rolled out a new mandatory carbon trading program sweeping in businesses that, up to now, have not been covered by the European Union’s Emissions Trading System. Under the Carbon Reduction Commitment Energy Efficiency Scheme (CRC), large… Continue Reading
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