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New emissions trading scheme kicks off in California

2013-03-01 09:59:00| Climate Ark Climate Change & Global Warming Newsfeed

EcoSeed: California has implemented a new cap and trade scheme aimed at reducing greenhouse gas emissions of the United States most populous state. Companies whose activities release 25,000 metric tons of carbon emissions annually are expected to comply with the new cap and trade program. For 2013, the scheme has come in effect for companies involved in the electrical industry and energy intensive manufacturing companies. Other sectors, such as transportation fuels and natural gas use by residential...

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