The Contra Contra Times reports that an emission trading program
that allows industries to earn credits for reducing emissions has increased
local pollution level in Contra Costa County.
If Contra Costa County is overly burdened, the trading program
could either:
1) cap the number of credits per year allowed to be be use in
Contra Costa Co.
2) decrease the relative value of permits in Contra Costa Co,
eg a permit that generally permits 1 tonne of emissions
would if used in Contra Costa Co. allow only 0.5 tonnes of
emissions.
At one time, the Bay Area air district adjusted how many
credits a company needed based on where the credits came
from. If a Contra Costa company wanted to expand its power
plant or refinery, it would need more credits if they came
from San Jose, and fewer credits if they came from a
neighboring industry.
Mike Taugher covers the environment and energy. Reach him at
925-943-8257 or mtaugher@cctimes.com
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