Barbara Grady is a senior writer at GreenBiz.com and can be reached at [email protected]. She has been a reporter and editor in the San Francisco Bay Area for many years, writing for Reuters, the Oakland Tribune, the New York Times, Oakland Local, New America Media and the San Francisco Public Press. She has won several journalism awards including a national award from the Society of Professional Journalists.
California has extended its system to price carbon, an initiative that has inspired significant emissions cuts, after building bipartisan support. So far, the idea has sprung up in 50 jurisdictions around the world.
Deforestation has accelerated in the rubber producing countries of Southeast Asia to feed global demand for tires. But Michelin and now General Motors have launched zero deforestation rubber procurement policies.
Legally, it could take the United States at least three years to pull out of the international treaty on mitigating climate change. During the interim, the country may cede valuable opportunities for new low-carbon businesses.