US carbon outlook: John Melby, GreenX
John Melby of Green Exchange (GreenX) discusses the current carbon market in the US, the potential for international links in the future and the emergence of other environmental markets such as water
While California aims to use its cap-and-trade scheme to clean up its own carbon footprint, it could also become a template for a federal scheme in the US, according to John Melby, managing director, North American markets at GreenX.
Speaking to Pauline McCallion at the Energy Risk USA conference in Houston, he said: "California's goal is to set a standard and clean up its own footprint, but the
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