What are the WCI cap-and-trade program elements being recommended by the WCI?
• Limit the emissions from all major sources of global warming pollutants; • Include all electricity-related emissions under the cap, including those associated with electricity imported from outside the WCI Partner jurisdictions: • Ensure that all regulated entities use a consistent reporting methodology; and • Mitigate economic impacts on consumers and regulated entities by allowing flexibility in how and when the reductions are made (e.g. banking of allowances and the limited use of offsets).
