Industry Market Trends

NAM Adds Voice to Chorus of Objections to California Cap-and-Trade Program

February 21, 2013

The National Association of Manufacturers (NAM) has joined the legion of organizations and political groups speaking out against California’s cap-and-trade auction, the second of which took place on Tuesday, Feb. 19. California’s Global Warming Solutions bill (Assembly Bill 32) has been controversial since it first became law in 2006. But the biggest impact of the bill has only just taken affect this year, as a cap on carbon emissions kicks in. But the biggest complaint most have with the bill relates to the California Air Resources Board (CARB)’s auction, where businesses can bid from a fixed pool of permits to emit carbon above the cap. The auction is being used a revenue generation opportunity by the state of California. Read More

Industry Market Trends

U.S. to Approach Energy Independence by 2030

February 21, 2013

Although experts are predicting the U.S. could become energy self-sufficient by 2030, the country may hit another major landmark this year. In 2013, America is projected to surpass Russia and Saudi Arabia to become the largest worldwide producer of liquid fuels. Read More

Industry Market Trends

How New York is Going High-Tech

February 21, 2013

This week, New York City Mayor Michael Bloomberg announced an innovative initiative to draw more tech companies to the five boroughs and connect locals to jobs. The "We Are Made" in NY campaign is one of several strategies in place to expand the high-tech industry in the state, following recent expansion of high-tech centers at local universities. Read More