Europe, California discuss harmonised carbon market
"Countries such as China, South Korea and New Zealand were already trading carbon, or planning to, she said.
The Californian carbon market had been due to begin on 1 January 2012 but on 18 March, environmentalists won a court order that could delay it.
The Association of Irritated Residents (AIR) will now draft a detailed order outlining their case that the proposed regulations will allow the state's highest polluting industries to continue or even increase pollution.
They claim that alternatives to a carbon market have not been properly considered. The state of California will appeal the court order."
note: I think the word "scheme" is appropriate. BOHICA