International Carbon Action Partnership [SEP] inception
International Carbon Action Partnership
The International Carbon Action Partnership (ICAP) was founded in 2007 by more than 15 government representatives as an international cooperative forum, bringing together states and sub-national jurisdictions that have implemented or are planning to implement emissions trading systems (ETS). Then governor of California, Arnold Schwarzenegger, stated at ICAP's founding ceremony:
""This first of its kind partnership will provide more incentives for clean-tech investment and economic growth while not letting polluters off the hook. And it will help
the design of the program, announced in 2010 that they would either delay or not implement the program in their jurisdictions. The partnership was therefore streamlined to include only California and the four Canadian provinces actively working to implement the program. As of January 2012, regulations have not been issued by British Columbia, Manitoba, or Ontario, although a carbon tax in British Columbia will be increasing to $30/tonne of CO equivalents in July 2012. Several WCI partners also remain active in the International Carbon Action Partnership, an international