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Here Come the States

Richard L. Sandor

Chapter 29 in How I Saw It:Analysis and Commentary on Environmental Finance (1999–2005), 2017, pp 119-121 from World Scientific Publishing Co. Pte. Ltd.

Abstract: Following 5 years of talk in the US Congress—but no legislation—the American debate over cutting greenhouse gas (GHG) emissions has moved to the state level. As another example of the “bottom-up” approach previously discussed in this column, two states have passed laws to establish GHG “cap-and-trade” systems. Several others have passed, or are debating, laws establishing the infrastructure to facilitate trading. However, one particular state is considering legislation that has the potential to create a highly fractured US approach to climate change…

Keywords: Environment; Emissions; Trading; Finance; Derivatives; Water; Energy; Carbon; Catastrophe; Weather; Sustainability; Fisheries; Greenhouse Gases; Sulfur Dioxide; Acid Rain (search for similar items in EconPapers)
JEL-codes: Q50 (search for similar items in EconPapers)
Date: 2017
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