If you've no account register here first time
User Name :
User Email :
Password :

Login Now
coal power plant

Mexico to Launch 60-Company Test Cap-and-Trade Program

coal power plantMexico will launch a pilot cap-and-trade program with voluntary participation from up to 60 power companies, according to media reports.

The year-long test will proceed a national carbon market expected to launch in 2018, Reuters reports.

Independent platform MEXICO2 will oversee the program, which puts a cap on companies’ greenhouse gas emissions. Companies that produce less emissions than their limit can then sell excess allowances to those producing more emissions than they are allotted.

Mexico was among the 195 nations to sign the Paris climate deal in December and pledged to reduce emissions by 22 percent by 2030.

California, which has had a successful cap-and-trade program in place since 2012, is considering legislation that would require the state to reduce carbon emissions 40 percent below 1990 levels by 2030 — the most aggressive climate target in North America.

Approaches to Managing EHS&S Data
Sponsored By: Enablon

The Corporate Sustainability Professional's Guide to Better Data Management
Sponsored By: Urjanet

Financing Environmental Resiliency and a Low-Carbon Future with Green Bonds
Sponsored By: NSF International

The EHS Guidebook: Selecting, Implementing, and Using EHS Software Solutions
Sponsored By: EtQ


Leave a Comment