Now comes a second auction that will offer about 12 million permits good over the next three years - plus another 9 million permits for use after that. Each permit represents a metric ton of carbon; that’s about how much you release when you use just over a hundred gallons of gas.
Monday, February 18, 2013
California's second cap-and-trade auction set for Tuesday
The water in the pot is slowly getting warmer. And yet, the frog doesn't even notice.