July 23, 2017 by Ronjoy Bezbarua
(Source: Bloomberg) California Governor Jerry Brown just won a big victory in his efforts to fight climate change, but Canada’s Ontario province has been pushing him to go further. As the two sides hammer out details of a long-planned merger of their carbon markets, Ontario minister for environment Glen Murray says there are holes in the Golden State’s system that may allow oil refiners and power generators to spew carbon dioxide into the air on the cheap. Murray is recommending stricter rules that, he says, will keep companies from hoarding permits that allow them to pollute for years. The debate illustrates the challenge local and national leaders around the world face in crafting policies that curb emissions while managing costs. Read full article….