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Environmental Law

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University of San Diego

2009

Cap

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Decentralizing Cap-And-Trade? The Question Of State Stringency, Alice Kaswan Jan 2009

Decentralizing Cap-And-Trade? The Question Of State Stringency, Alice Kaswan

San Diego Journal of Climate & Energy Law

This Article addresses a critical question about a state's role in the operation of a national cap-and-trade program: whether federal legislation should allow states to be more stringent than the federal government. ...
This Article is the first in a series that will address the wisdom of allowing state control within a federal trading system. ...
Part II of this Article articulates the primary justifications for allowing states to set more stringent caps. ...
Part III turns to practical mechanisms to achieve state stringency. ...
Part IV articulates the potential adverse impacts that could result from states using these mechanisms …