Cap-and-trade? Not so Great if you are Black or Brown

Environmental justice advocates have long warned that “cap-and-trade” — a market-based strategy to reduce climate-changing greenhouse gas emissions — could hurt low-income communities of color. A preliminary report on California’s cap-and-trade program shows they just might be right.

As Nations Embrace Paris Agreement, World’s Existing Fossil Fuels Set to Exceed its Goals

Entitled “The Sky’s Limit: Why the Paris Climate Goals Require a Managed Decline of Fossil Fuel Production,” the report says that just burning fossil fuels from projects presently in operation will produce enough greenhouse gas emissions to push the world well past 2°C of warming this century. Limiting warming to 1.5°C calls for even larger closures of existing operations.