The California Air Resources Board (ARB) has released its proposal for a cap-and-trade program (PDF) just as voters weigh the pros and cons of an initiative that, if passed, would put a hold on the statutory basis for the program. While the cap-and-trade design has been in the works for some time now, its fate hinges on the outcome of the November 2 election Program Design… Continue Reading
Monthly Archives: October 2010
UK Carbon Allowance Rebate Scheme to Become a Carbon Tax
Posted in Cap & TradeThe U.K.’s nascent Carbon Reduction Commitment (CRC) Energy Efficient Scheme appears to be making a dramatic change from a rebate program to an outright tax. Before the first carbon allowances have even been sold, Britain’s efforts to reduce its budget deficits apparently are the driver for taking the CRC from a scheme that "recycles" carbon allowance revenues back to users and converting it to the government keeping that revenue to "support… Continue Reading
Are FTC’s New, Improved Green Guides Greener & Eco-Friendly?
Posted in Green BuildingAfter nearly three years in the making, the Federal Trade Commission has released its proposed update of the Green Guides for advertising environmentally-friendly products. Although the proposals provide some badly-needed clarity for what a company can say about the environmental attributes of a product, the revisions still have some glaring omissions and are not likely to… Continue Reading