Emission Cuts - Putting Your Money Where your Mouth Is
The Copenhagen Climate Change Conference was the last great hope of environmentalists. The conference had great expectations that a binding climate change treaty would be signed. All of it went up in smoke when developed countries could not come to an agreement with developing nations.
The great hope was that President Obama would actually make a difference, but after being snubbed twice by the Chinese PM, this also resulted in a big zero. In the end there was a non-binding declaration without verification, leaving governments to deal with the problem as they wish.
Canada has stated that it will adopt the same standards as the United States, stating that it has to stay competitive in the North American economy.
With governments unable or unwilling to act because of political and economical considerations, eleven States and the Provicne of Quebec have agreed to introduce their own fuel emission standards. The legislation will mandate the cut of fuel emission by 10% by 2020. This is a standard adopted by California.
Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island and Vermont, along with the Province of Quebec have signed a Memorandum of Understanding to lower fuel emissions.
All states, less Pennsylvania, are members of the Regional Greenhouse Gas Initiative.
Eleven states across the US and Canadian province of Quebec are set to adopt legislation similar to California’s Low Carbon Fuel Standard (LCFS) to cut emissions from vehicles and buildings.
California’s LCFS commits the state to cutting emissions from transportation fuels 10% by 2020.
The Governors of the states of Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island and Vermont have signed up to a Memorandum of Understanding to develop a framework for a regional LCFS.
All participants except Pennsylvania are partners in the Regional Greenhouse Gas Initiative (RGGI), which pledges to introduce regional cap and trade schemes in the absence of a national framework.
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Burnaby, British Columbia, Canada