TCI jurisdictions sketch future design of US transport ETS in draft MOU

Published 16:36 on December 17, 2019  /  Last updated at 00:59 on December 18, 2019  /  Americas, US  /  No Comments

The US Transportation and Climate Initiative (TCI) will aim to cut fuel sector emissions by as much a quarter over a 10-year period, while implementing a variety of mechanisms borrowed from the RGGI power sector carbon market, according to a draft Memorandum of Understand (MOU) released Tuesday.

The US Transportation and Climate Initiative (TCI) will aim to cut fuel sector emissions by as much a quarter over a 10-year period, while implementing a variety of mechanisms borrowed from the RGGI power sector carbon market, according to a draft Memorandum of Understand (MOU) released Tuesday.

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