NewEnergyNews: CHINA’S PLAN TO CAP AND TRADE

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    Anne B. Butterfield of Daily Camera and Huffington Post, f is an occasional contributor to NewEnergyNews

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    Some of Anne's contributions:

  • Another Tipping Point: US Coal Supply Decline So Real Even West Virginia Concurs (REPORT), November 26, 2013
  • SOLAR FOR ME BUT NOT FOR THEE ~ Xcel's Push to Undermine Rooftop Solar, September 20, 2013
  • NEW BILLS AND NEW BIRDS in Colorado's recent session, May 20, 2013
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  • Shale Gas: From Geologic Bubble to Economic Bubble (March 15, 2012)
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  • The Plunging Cost of Renewables and Boulder's Energy Future (April 19, 2011)
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  • The Fox (News) That Jumped the Shark (December 16, 2010)
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  • TODAY AT NewEnergyNews, March 22:

  • ORIGINAL REPORTING: New Markets Opening Up To Distributed Resources
  • ORIGINAL REPORTING: Utilities Driving Record Solar Growth
  • ORIGINAL REPORTING: Hawaii’s Fight For 100% New Energy Goes On

    Friday, August 16, 2013

    CHINA’S PLAN TO CAP AND TRADE

    One Way China is Getting Serious About Climate Change

    Dan Stone, August 12, 2013 (National Geographic)

    "China…is working on establishing a small-scale cap and trade program…[Cap and trade] was originated in the U.S. back in the 90s and worked…[But the U.S. turned] away from the strategy when it was…[suggested] it would make people’s energy bills rise…China’s cap and trade program launched earlier this summer in the southern city of Shenzhen. The government will set a limit for emissions and any polluters who don’t reach their limits can sell remaining credits for a market price. The pollution limits will go down over time and the going rate for a credit (for anyone who exceeds the legal polluting limit) will go up, encouraging all polluters to reduce their emissions or pay through the nose to keep polluting…If it works in Shenzhen…[China, which leads the world with 7,711 million tons of carbon dioxide annually,] could create a national system…” click here for more

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