How is the Reserve different than a cap and trade system?
The Reserve registers and tracks verified GHG emission reductions (CRTs) that have occurred voluntarily. Purchasers of these CRTs are not entitled to use them to meet a regulatory obligation, such as in a cap and trade program in California or anywhere else today, but instead apply them against their own emissions to reduce the climate change impact of their operations or activities, and support claims of being carbon neutral. It has yet to be determined whether CRTs may be used within a regulatory cap and trade program in California or anywhere else.
