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26 February 2007 -- Governors of five Western states, New Mexico, Arizona, California, Oregon and Washington, announced the formation of the Western Regional Climate Action Initiative to implement a joint strategy to reduce greenhouse gas emissions.
At the annual winter meeting of the National Governors Association, Governors Janet Napolitano, Arnold Schwarzenegger, Bill Richardson, Ted Kulongoski and Chris Gregoire signed the agreement that directs their respective states to, within the next six months, develop a regional target for reducing greenhouse gases.
During the next 18 months, they will devise a market-based program, such as a load-based cap and trade program to reach the target. The five states also have agreed to participate in a multi-state registry to track and manage greenhouse gas emissions in their region.
The Western Regional Climate Action Initiative builds on existing greenhouse gas reduction efforts in the individual states as well as two existing regional efforts. In 2003, California, Oregon and Washington created the West Coast Global Warming Initiative, and in 2006, Arizona and New Mexico launched the Southwest Climate Change Initiative.
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