{"id":17198,"date":"2011-12-06T09:54:49","date_gmt":"2011-12-06T17:54:49","guid":{"rendered":"http:\/\/blogs.kqed.org\/climatewatch\/?p=17198"},"modified":"2011-12-06T09:54:49","modified_gmt":"2011-12-06T17:54:49","slug":"californias-radical-experiment-in-carbon-trading","status":"publish","type":"post","link":"https:\/\/ww2.kqed.org\/climatewatch\/2011\/12\/06\/californias-radical-experiment-in-carbon-trading\/","title":{"rendered":"California&#8217;s &#8220;Radical Experiment&#8221; in Carbon Trading"},"content":{"rendered":"<p><strong>A national perspective on the cap &amp; trade program that starts next month<\/strong><\/p>\n<figure  id=\"attachment_17202\" class=\"wp-caption right\" style=\"max-width: 300px\"><a href=\"http:\/\/blogs.kqed.org\/climatewatch\/2011\/12\/06\/californias-radical-experiment-in-carbon-trading\/p1000232\/\" rel=\"attachment wp-att-17202\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-17202\" title=\"P1000232\" src=\"http:\/\/ww2.kqed.org\/climatewatch\/wp-content\/uploads\/sites\/54\/2011\/12\/P1000232.jpg\" alt=\"\" width=\"300\" height=\"225\" srcset=\"https:\/\/cdn.kqed.org\/wp-content\/uploads\/sites\/54\/2011\/12\/P1000232.jpg 300w, https:\/\/cdn.kqed.org\/wp-content\/uploads\/sites\/54\/2011\/12\/P1000232-160x120.jpg 160w, https:\/\/cdn.kqed.org\/wp-content\/uploads\/sites\/54\/2011\/12\/P1000232-240x180.jpg 240w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><figcaption class=\"wp-caption-text\">Operators of oil refineries fret that they&#039;ll bear the brunt of California&#039;s new cap on carbon emissions.<\/figcaption><\/figure>\n<p>For three years we&#8217;ve been <a title=\"CW - Post\" href=\"http:\/\/blogs.kqed.org\/climatewatch\/2011\/10\/20\/california-adopts-nations-most-sweeping-cap-trade-plan\/\">watching the process<\/a> leading up to implementation of California&#8217;s plan to push greenhouse gas emissions back to 1990 levels by 2020. As the green flag is about to drop, you&#8217;ll start to see more national media attention focused on it.<\/p>\n<p>To wit, this morning&#8217;s debut of a <a title=\"NPR - story\" href=\"http:\/\/www.npr.org\/2011\/12\/06\/142942778\/calif-takes-big-step-toward-greenhouse-gas-limits\">two-part series<\/a> by NPR&#8217;s Christopher Joyce on what will be the nation&#8217;s first industry-wide cap on carbon emissions.<\/p>\n<p>Joyce describes the program, authorized by the 2006 Global Warming Solutions Act, a &#8220;radical experiment&#8221; and &#8220;a risky step at a time when the state&#8217;s economy is shaky.&#8221;<\/p>\n<p>The story starts by airing out fears that the program will drive jobs from the state, an effect delicately described by economists as &#8220;leakage.&#8221; Then Joyce seeks to balance the ledger with prospects for new jobs and industries that the regulations are already spawning.<\/p>\n<p>Joyce profiles two businesses that stand to benefit from the new rules, Propel Fuels of Redwood City and a Washington state-based appliance recycler with a facility in the Bay Area.<\/p>\n<p>Technically the program goes into effect in January but regulators have floated full &#8220;compliance&#8221; to 2013.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A national perspective on the cap &amp; trade program that starts next month.<\/p>\n","protected":false},"author":221,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[3],"tags":[],"coauthors":[],"series":[],"affiliates":[],"programs":[],"collections":[],"interests":[],"class_list":["post-17198","post","type-post","status-publish","format-standard","hentry","category-government-business"],"acf":{"template_type":"standard","featured_image_type":"standard","is_audio_post":false},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.13 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>California&#039;s &quot;Radical Experiment&quot; in Carbon Trading | Climate Watch<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/ww2.kqed.org\/climatewatch\/2011\/12\/06\/californias-radical-experiment-in-carbon-trading\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"California&#039;s &quot;Radical Experiment&quot; 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