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Western Climate Initiative

The Western Climate Initiative has announced the creation of Western Climate Initiative, Inc. (WCI, Inc.), a new non-profit corporation formed to provide administrative and technical services to support the implementation of state and provincial greenhouse gas emissions trading programs.  WCI, Inc. will: develop a compliance tracking system that tracks both allowances and offsets certificates; administer allowance auctions; and conduct market monitoring of allowance auctions and allowance and offset certificate trading.  The initial Board of Directors for WCI, Inc. includes officials from the provinces of Quebec and British Columbia, and the State of California.
 
CL&M assisted the Western Climate Initiative in connection with the formation and organization of WCI, Inc., a Delaware non-profit, non-stock corporation, and continues to represent it. Clifford P. Case III, Catherine B. Sheehy and Dan Pittman are working on this matter. The firm also represents the Regional Greenhouse Gas Initiative, Inc., which provides similar services to the northeastern states taking part in the Regional Greenhouse Gas Initiative.
 

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