In the USA, two regions currently engage in greenhouse gas emissions trading systems. The Regional Greenhouse Gas Initiative (RGGI) has established itself in the northeast of the USA and includes seven federal states. The RGGI was the first ETS in the USA with binding greenhouse gas emissions reduction goals for individual companies. The Western Climate Initiative (WCI) is a joint greenhouse gas emissions reduction initiative by California and four Canadian provinces. California has set a greenhouse gas emissions reduction goal of -40% by 2030, compared to the emissions in 1990. With the ETS initiated in 2012 about 85% of its greenhouse gas emissions are covered. In 2014, California and Québec merged their ETS.
Faktor-Plus is constantly monitoring the developments regarding opportunities and risks for its customers.