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Effective today, The ROBERT | CHARLES Group is discontinuing our postings and links to content and news for investing in worldwide cap and trade and sustainable energy markets. This blog will be phased out in the coming days and weeks.

Friday, June 29, 2012

EPA victory to open the door for carbon trading?

Environmental Finance | News | EPA victory to open the door for carbon trading?
The US Environmental Protection Agency (EPA) scored a major victory in its quest to regulate greenhouse gas (GHG) emissions, which could help pave the way for the agency to establish market-based mechanisms.  In a unanimous decision, the US Court of Appeals for the DC Circuit on Tuesday sided with the EPA in upholding its actions on four elements of its GHG regulations: the agency’s endangerment finding, its tailpipe rule for automobile emissions, the triggering or timing rule for regulation of stationary sources of GHGs under the prevention of significant deterioration programme, and the tailoring rule raising regulatory thresholds for stationary sources.

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