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Karl Burkart

Mary Nichols talks about the coming carbon cap

Keynote speaker of Applied Solutions, Mary Nichols, forges a trail for AB32, the California climate bill.

Fri, Feb 06 2009 at 12:42 PM EST

 
As the 12th-largest carbon emitter in the world, California — with Gov. Schwarzenegger at the helm — has been taking climate change very seriously. In 2006, AB32 passed into law, requiring California to reduce GHG's (greenhouse gas emissions) 80 percent by 2050. Mary Nichols, chairman of the California Air Resources Board, is one of the world's leading authorities on climate regulation and is tasked with implementing the California initiative. She is also a key advisor to the Obama campaign and other states (over 20 so far) in the process of adopting climate regulations.
 
Mary keynoted last night at the Applied Solutions summit. Here she talks about the important role local government has to play, the importance of a cap and trade system (as opposed to a carbon tax), and how "helpless" world leaders are without implementation at the state and county levels.
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anonymous
Guest 02/07/2009 15:19 PM

We probably need both, cap and trade and carbon taxes.

Mark C. Henderson's book (The 21st Century Environmental Revolution) does propose an alternative to cap and trade. It would be applicable on a large-scale and integrated to markets.

The renewable energy sector was turned around last summer by market forces (not cap and trade) in less than three months. It makes sense to integrate markets in the solution. Could it be the way of the future?

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