Over the past couple of months our summer blog series Unpacking the Western Climate Initiative has taken a look under the hood of California, Québec and Ontario’s integrated cap-and-trade system. In this final installment, we review what we’ve learned and take a look at some recent developments that have been in the headlines. Overall, we […]

With our summer blog series on the Western Climate Initiative (WCI) winding down, it’s time to tackle one of its thornier criticisms: hot air. This is the claim that a chunk of the supposed emissions reductions from the cap-and-trade system aren’t genuine or real. If true, hot air could be undermining the integrity of the […]

As we’ve noted in our summer blog series, California has a cap-and-trade system. But it’s also got a low-carbon fuel standard. And a renewable electricity portfolio standard. And vehicle emissions performance standards. And a swath of other policies to reduce GHG emissions. In fact, the California Air and Resources Board estimates that these “complementary climate […]