California’s Cap-and-Trade 101
By Valerie Kosheleff California Air Resources Board (CARB) moves forward this month by approving a Draft Resolution to the Cap-and-Trade rulemaking. Cap-and-Trade, also called Emissions Trading, in California is part of the state’s 2006 landmark climate change legislation, Assembly Bill (AB) 32. Cap-and-Trade is only one component of AB 32, but is perhaps the least…