Carbon Offsets in The Western Climate Initiative Emerging Business Opportunities July 2008 Click here to view the bulletin in PDF format. The Western Climate Initiative (WCI) and other regional initiatives will result in state and provincial regulatory systems to reduce greenhouse gas (GHG) emissions through market-based regulation. In addition to imposing a declining cap, these regulatory systems will also offer flexibility on how to meet that cap. Significant economic opportunities will likely result for those involved in GHG emissions reduction projects.

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