US Emission Trading Systems

 

 

ETS in force

USA - California Cap-and-Trade Program

USA - Regional Greenhouse Gas Initiative (RGGI)

(Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New York, Rhode Island, and Vermont)

 

ETS under consideration

USA - Washington

 

 

 

USA - Regional Greenhouse Gas Initiative (RGGI)

 

 

UNFCCC ‏@UNFCCC  2015-07-15

MT @NewClimateEcon: Carbon pricing reduces emissions, protects the #climate http://buff.ly/1gka2sl  #NCE2015

(Note: The link refers to "SECTION FIVE | CARBON PRICING" and the citation is derived from subsection "The economis case")

Embedded image permalink

 

 

http://www.rggi.org/

"The Regional Greenhouse Gas Initiative (RGGI) is the first market-based regulatory program in the United States to reduce greenhouse gas emissions. RGGI is a cooperative effort among the states of Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New York, Rhode Island, and Vermont to cap and reduce CO2 emissions from the power sector."

 

"Following a comprehensive 2012 Program Review, the RGGI states implemented a new 2014 RGGI cap of 91 million short tons. The RGGI CO2 cap then declines 2.5 percent each year from 2015 to 2020."

 

 

 

 

California Cap-and-Trade Program : Towards 80% reduction of emissions until 2050

 

ICAP link for the Program

 

"Since January 2015, the cap-and-trade program's coverage includes sources responsible for approximately 85% of California’s GHG emissions. A key part of Californian climate policy, the program will help to meet its mandate of reducing GHG emissions to 1990 levels by 2020 and achieving an 80% reduction from 1990 levels by 2050."
 

California Air Resources Board Website on the Cap-and-Trade Program