SMRs and AMRs

Thursday, December 11, 2008

Breaking: California Adopts Nation’s Most Comprehensive Global Warming Plan

By THE NEW YORK TIMES

The California Air Resources Board voted unanimously to adopt the nation’s most comprehensive global warming plan, outlining for the first time how individuals and businesses would meet a landmark 2006 law that made the state a leader on global climate change.

The plan would hold California’s worst polluters accountable for the heat-trapping emissions they produce — transforming how people travel, how utilities generate power and how businesses use electricity.

At the heart of the plan is the creation of a carbon-credit market designed to give the state’s major polluters cheaper ways to cut the amount of their emissions. That market and the many other strategies referenced in the plan will be fleshed out and adopted over the next few years.

(More here.)

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