cap and trade http://kvpr.org en California Launches 'Pay-to-Pollute' Carbon Market http://kvpr.org/post/california-launches-pay-pollute-carbon-market <p></p><p>California is launching a big part of its fight against climate change on Wednesday. The state is holding its first auction in the "cap and trade" program where industrial businesses will have to buy allowances to emit greenhouse gases.&nbsp;&nbsp; The goal is to reduce the state's emissions to 1990 levels by 2020. From Sacramento, Kathleen Masterson reports on how the complex market is designed to reduce pollution.&nbsp;</p> Tue, 13 Nov 2012 21:08:00 +0000 Kathleen Masterson 6814 at http://kvpr.org California Launches 'Pay-to-Pollute' Carbon Market