Americas...:As Trump Ditches Paris Accord, California to See...

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As Trump Ditches Paris Accord, California to Seek Its Own Climate Deal

Local Editor

California is to seek its own "international" agreement on climate change with China, the state's governor suggested.

Jerry Brown, who previously signaled the west coast state was "ready to fight" Donald Trump over the issue, said he would discuss merging China's and California's carbon trading markets on a visit to Beijing.

Carbon trading, also known as cap-and-trade, is seen as an important mechanism for driving down greenhouse gas emissions and California's market is already linked to the one in Quebec, Canada.

Essentially large sources of carbon are given a cap on emissions, beyond which they cannot go unless they buy an allowance. The allowances are sold by companies that reduce emissions below their cap, creating a double incentive to make cuts.

China plans to create a national carbon trading market this year, although the project has hit some problems.

Relatively, Brown said he hoped to be able to link the Californian and Chinese schemes at some point.

"I think that is a heavy lift to include Chinese provinces, but we are definitely taking that possibility very seriously," he said.

"We want to make sure it has full integrity and know exactly what's going on. And we can't say that today.

"Maybe we don't put it right in the same cap-and-trade regime, maybe some parallel regime. I am going to discuss that with the highest officials in China this week."

He also described Trump's decision to withdraw the US from the Paris Agreement in typically forthright terms: "insane".

Source: News Agencies, Edited by website team