I think it's horrible that we let timber companies get away with cutting natural forests!!! All timber should be from planted "farm raised" fields, and not wild forests! (I believe they call this "managed forests." Am I correct?) I'm not going to post the whole article. Go here and read it: California air regulators approve carbon-trading plan - latimes.com
Interesting. It could easily result in driving out more industry, raising the cost of everything, and clearcutting massive swaths of land to meet the requirements of getting tax credits, but actually have no improvement in the overall world situation. It reminds me of closing a coal power plant, selling the plant, and moving it to China to burn even dirtier coal. Behind the local celebration of the improvement, the global situation is no better. I'm use to businesses taking advantage of every possible interpretation and loophole to make money, whether it helps the environment or not. CA was doing it right when they made utility requirements for 20% renewable production and ramps on this in the future. This was easily implemented, enforced, and ensured steps in the right direction. This new cap & ??? could be a disaster just like CA's "deregulation" of the utilities. I sure hope I'm wrong.