Midwestern Greenhouse Gas Accord
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The Midwestern Greenhouse Gas Accord is a regional agreement by six governors of states in the US midwest who are members of the Midwestern Governors Association (MGA) and the Premier of one Canadian province to reduce greenhouse gas emissions to combat climate change. Signatories to the Accord are the US states of Minnesota, Wisconsin, Illinois, Iowa, Michigan, Kansas, and the Canadian Province of Manitoba [1]. Observers of the Accord are Indiana, Ohio ,and South Dakota.
The Accord was the fourth tier of the MGA Energy Security and Climate Stewardship Summit Platform, signed on November 15, 2007. It establishes the Midwestern Greenhouse Gas Reduction Program[1], which aims to:
- establish greenhouse gas reduction targets and time frames consistent with signing states' targets;
- develop a market-based and multi-sector cap-and-trade mechanism to help achieve those reduction targets;
- establish a system to enable tracking, management, and crediting for entities that reduce greenhouse gas emissions; and
- develop and implement additional steps as needed to achieve the reduction targets, such as a low-carbon fuel standards and regional incentives and funding mechanisms.
The GHG registry will be managed by The Climate Registry, which manages the registry for other US state schemes. One of the first actions was to convene an Energy Security and Climate Stewardship Platform to guide future development of the Midwest’s energy economy.
[edit] See also
- Intergovernmental Panel on Climate Change
- List of climate change initiatives
- The Climate Registry
- Regional Greenhouse Gas Initiative
- Western Climate Initiative
[edit] References
- ^ 1