It may take years for US policy on green jobs to be in place

July 29, 2009 / 1 Comment

Though alternative energy can provide jobs across many sectors in the United States economy, formulation of a policy in this regard may take many years to develop. State laws on “green” power and regional cap-and-trade schemes on greenhouse-gas have been instrumental in impelling local economies to start converting from plants based on fossil fuel to green jobs, US governors told Senate’s ...

US Law on Carbon Cap-and-Trade Scheme Expected to Pass

June 2, 2009 / No Comments

Professionals connected with the carbon market are hoping that the United States Congress would soon give approval to a federal “cap-and-trade” scheme that is bound to boost emissions trading. [caption id="attachment_5414" align="aligncenter" width="450" caption="Fiddlers Ferry Coal Power Station near Liverpool"][/caption] It was the existing Kyoto Protocol that laid the foundations for emissions trading by imposing caps on emissions in Europe and other ...