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California Ready to Begin Emissions Reduction Plan

California is set to begin a new emissions reduction plan that is based on a cap-and-trade system. The Climate Change Draft Scoping Plan is preparing to use renewable energy, such as wind and solar power, to replace up to one-third of Californias energy needs. The goal is to reduce greenhouse gas emissions by 85%, by the year 2020. The carbon market in California is estimated to reach $10 billion by the year 2015.

The plan is part of a proposal, the Western Climate Initiative, to join seven American states and three provinces in Canada in a joint carbon market. Other states include Arizona, New Mexico, Montana, Washington, Utah and Oregon.

The Climate Draft change Scoping Plan calls for the use of offsets that are

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