Plans Across the Water: California and U.K. Strike Climate Deal

California and the U.K. government are preparing to create their own climate treaty that sidesteps the Bush administration’s official climate policy to create a trans-Atlantic market for greenhouse gases.

California governor Arnold Schwarzenegger and British prime minister Tony Blair on Monday announced their collaboration during their meeting in Los Angeles on Monday. They were joined by business leaders to announce the agreement under which Britain and California will collaborate on research into clean energy technologies and California will study the British experience of greenhouse gas emissions trading.

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