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Posted Tue Sep 10 2013: from San Francisco Chronicle:
Cap and trade may be hurt as emissions drop off
California's new cap-and-trade system for cutting greenhouse gas emissions may soon face a paradoxical problem - emissions that are falling faster than expected. A report issued Monday argues that California's emissions are already dropping, undercut by a sluggish economy and the state's growing use of renewable power. That may sound like cause for celebration. But it's a problem for cap and trade.... But California's production of carbon dioxide and other greenhouse gases is already lower than the cap for 2015...
[Read more stories about: carbon emissions, climate impacts, renewable energy]
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Don't you just hate it when there's progress?

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