November 20, 2010
South Korea released legislation this past week outlining plans to establish a domestic emissions trading scheme by 2013. As the fourth largest polluter in Asia, South Korea will join other countries in the region such as Japan, Australia, New Zealand, and most recently China in considering a market-based mechanism to reduce greenhouse gases linked to [...]
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November 14, 2010
After seven years of operation, the Chicago Climate Exchange (CCX) has announced it will be shutting down it’s carbon cap-and-trade program. The voluntary but legally binding CCX is the only national emissions trading scheme in the United States requiring companies to meet greenhouse gas reduction targets. Those firms involved have the option of meeting these [...]
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