California regulators approve incentives for reducing greenhouse gas emissions

[JURIST] California’s Air Resources Board [official website] on Thursday approved measures that will provide incentives to companies and factories that decrease their greenhouse gas emissions [JURIST news archive]. The provisions are envisaged under Assembly Bill 32 (AB 32) [text, PDF; official backgrounder] and include a permit system [AP report] in which companies are allotted a quota of greenhouse emissions. If a company does not use all of its quota, it can sell to a company that is going to exceed…

By | 2011-02-26T14:34:49+00:00 February 26th, 2011|Uncategorized|0 Comments

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