California's Breakthrough on Global Warming Could Have a Major Impact on Po Posted on Wednesday, August 23 @ 23:19:02 MSD
Topic: World(Global) warming news (english)
Governor Schwarzenegger has embraced a cap on vehicle and industry emissions as a way to make California a trendsetter in fighting global warming. California's Global Warming Solutions Act aims to cut emissions to 1990 levels, or around 25 percent, by 2020 with an enforceable cap and mandatory reporting for top polluters.
California's breakthrough on global warming could have a major impact on policy in Washington. The nation's most populous state is the world's 12th-largest emitter of greenhouse gases and could suffer dire consequences if global temperatures increase only a few degrees. California is the world's 6th-largest economy.
Governor Schwarzenegger in the breakthrough pushed for a market-based system that will eventually give companies tools to meet emissions targets, like carbon credit trading.