California holds cap-and-trade auction of greenhouse gas credits
Thursday, November 15, 2012 - 02:30
in Earth & Climate
The sale, a market-based approach to curbing global warming, takes place despite a last-minute lawsuit filed by the state Chamber of Commerce.SACRAMENTO — California environmental officials moved ahead with a first-ever auction of greenhouse gas pollution credits despite a last-minute lawsuit filed by the state Chamber of Commerce to invalidate the sale.