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California

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Submitted By Sushant
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On its own sunny path

The article talks about how the state of California in USA is going about executing its plans of using alternative sources of energy to as large an extent as possible to meet the coastal state’s energy needs. As the governor of California in 1970s, Jerry Brown started propagating the option of solar power as a major source of energy for California, this idea was however unwelcome at that time & was rather shot down without any considerations to the merits it could offer.
This however changed with time as people realized the importance of renewable resources of energy. California having a sunny climate for most of the year, along with a long coast line also helped in generating interest & confidence in the scheme of things planned for alternative source energy generation in California. The governor of California, Arnold Schwarzenegger set a goal in 2006 to reduce its greenhouse-gas emissions to 1990 levels by 2020, and this goal was recently transformed into a law by Mr. Brown who has become the governor of California once again. The law includes a controversial but crucial component: a cap-and-trade system
A cap-and-trade system limits the emissions of dirty industries and puts a price on their remaining pollution, in theory, provide an incentive for reductions. As per the law, starting in 2013 the government will “cap” the amount of gases (such as carbon dioxide) that industry may emit, and gradually lower that cap. It will also issue permits to companies for their carbon allowance. Firms that reduce their emissions faster than the cap decreases may trade their permits and make money. Firms that pollute beyond their quota must buy credits.
To Europeans, Asians and Australians, this may seem nothing much. After all, the European Union already has a similar emissions-trading market, and a carbon tax is now wending its way through the

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