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About This Document: A San Francisco judge has approved California's cap-and-trade plans, which will make it the largest carbon market in North America and the second largest in the world. The bill, AB32, was passed in 2006 but came under fire from opponents claiming it would destroy jobs and hurt the economy. The program is currently scheduled for implementation in 2013, at which time utilities, large industrial facilities and fuel distributors must decrease their carbon emissions so that by 2020 they will have returned to 1990 levels.

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CALIFORNIA'S CAP AND TRADE BILL OKAYED

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CALIFORNIA'S CAP AND TRADE BILL OKAYED

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