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First U.S. greenhouse cap-and-trade market opens |
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New York City, New York, USA - Ten states in the U.S. Northeast kicked off the country's first cap-and-trade market on greenhouse gas emissions on Thursday, gaining accolades from environmentalists and many businesses but also eliciting concerns about how the states will spend the money the plan raises.
The states from Maryland to Maine formed the Regional Greenhouse Gas Initiative to limit emissions of carbon dioxide from power plants in the absence of guidance from the Bush administration on regulating planet-warming gases.
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"We need to develop creative ways to make sure the benefits of energy efficiency are going to all ends of the spectrum of energy consumers -- not just large consumers, but low income citizens and tenants." |
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There's Hope. Solutions already exist today that will drastically reduce an individual's ecological footprint.
- When shopping for a new vehicle, choose a vehicle with low green house gas emissions and a high fuel economy. Visit EPA's Green Vehicle Guide for help.
- Make the switch to energy efficient light bulbs that will cut energy consumption by 80%. Visit EDF's Energy-Saving Light Bulb Guide to see the abundance of designs available. This is a no-brainer because it saves you alot of money as well!
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