ARB looks at reducing 'cap and trade' burden on businesses - Business - The Sacramento Bee

Big business sees California's global-warming law as a job killer, a $1 billion tax that could force some of the state's heaviest industries to flee.

Now state regulators, trying to ease the burden, are studying whether to give hardship breaks to dozens of companies.

Under the plan being considered, the state would dole out extra carbon credits – the precious allowances that will give industries the license to emit greenhouse gases starting in January. The proposal could save companies millions of dollars.

Creditors line up as recycled CER seller goes bust | Reuters

Aug 13 (Reuters Point Carbon) - Total Global Steel has been forced into liquidation by creditors after a UK court ruled in May that the London-based trading house must pay Deutsche Bank 4.2 million euros ($5.1 million) in damages for selling the German bank recycled carbon credits.

Twitter / aDissentient: Committee on Climate Change ...

Committee on Climate Change described as "independent"! Independent of govt, perhaps, but not of vested interest. http://www.businessgreen.com/bg/news/2198260/coalition-rift-widens-as-alexander-prepares-green-attack-on-osborne?WT.rss_f=&WT.rss_a=Coalition+rift+widens+as+Alexander+prepares+green+attack+on+Osborne&utm_source=Twitter&utm_medium=Twitterfeed&utm_campaign=BusinessGreen …