The California Air Resources Board (ARB) and the Government of Quebec yesterday announced a new agreement that will serve as the blueprint for integrating their cap and trade programs. The agreement is another step to link each program that was begun more than five years ago. It will allow carbon allowances and offset credits to be exchanged between participants in the two jurisdictions’ programs. Read More...Read more
Category Archives: NAA News
A more complicated picture of the U.S. economy came into focus this morning from new Labor Department data. U.S. hiring appears to have dropped this summer, while the unemployment number continues to drop lower as discouraged workers give up job-hunting. In all, it shows the economy is mending even slower than thought, and it may disrupt the Federal Reserve’s plans to stop its stimulus program. Economists had thought the Fed might begin to taper its bond-buying as soon as later this month. Generally, the Fed wants...Read more
How strong the economic recovery has been since the Great Recession ended in 2009 probably depends on viewpoint. For those in the top 5 percent, the recovery has been pretty good. As for the other 95 percent, well ... maybe not so much. Post-financial crisis wealth disparity has been well-chronicled. Read More...