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US state governments join International Carbon Action Partnership on global cap-and-trade carbon markets

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... Because of their recent formation, there is a lack of academic sources that directly address the RGGI, or the WCI. For example, a recent article in the American Journal of International Law, which mentions the two initiatives, refers readers to the corresponding websites for further information 30 (Crook 2008). The conditions attached to offsets under the RGGI have been described as quite stringent (Latham & Watkins) and in particular as more stringent than for EU ETS (Barringer and Galbraith, September 15, 2008 The RGGI, like the WCI, is a regional initiative, but it is implemented at the state level. ...
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