From
Capitol Report New Mexico - Will a judge’s ruling in California put cap and trade regulations in New Mexico on hold? That’s what supporters and critics of the New Mexico’s recently-adopted restrictions on greenhouse gas emissions are wondering — and nobody is quite sure of an answer. Back on Monday (March 21)
a judge in San Francisco ordered a delay in implementing California’s cap and trade system of pollution credits. Why does that matter to New Mexico? Because, due to its sheer size, California is a crucial piece of the cap and trade puzzle. Without California as a trading partner, New Mexico’s cap and trade policy — which is scheduled to begin in 2012 — could fall apart. In order for the cap and trade program to exist, there must be a minimum of 100,000 allowances. Without California, experts say, New Mexico wouldn’t have sufficient partnerships with other states and provinces to reach the 100,000 threshold, thus putting the New Mexico program on hold until California’s program is up and running.
More News New Mexico
California ruling puts NM cap and trade program into a haze
From Capitol Report New Mexico - Will a judge’s ruling in California put cap and trade regulations in New Mexico on hold? That’s what supporters and critics of the New Mexico’s recently-adopted restrictions on greenhouse gas emissions are wondering — and nobody is quite sure of an answer. Back on Monday (March 21) a judge in San Francisco ordered a delay in implementing California’s cap and trade system of pollution credits. Why does that matter to New Mexico? Because, due to its sheer size, California is a crucial piece of the cap and trade puzzle. Without California as a trading partner, New Mexico’s cap and trade policy — which is scheduled to begin in 2012 — could fall apart. In order for the cap and trade program to exist, there must be a minimum of 100,000 allowances. Without California, experts say, New Mexico wouldn’t have sufficient partnerships with other states and provinces to reach the 100,000 threshold, thus putting the New Mexico program on hold until California’s program is up and running. More News New Mexico
Posts
1 comments:
Imagine that, not enough other deadheads, like the former EIB, to implement their asinine policies? I guess we'll have no choice but to have some job creation with the cap & tax and kill the economy policies being put on hold.
Post a Comment