Credit for Early Action
As focus on GHG emissions and climate changes increase, firms who took pioneering steps early on to report and to reduce GHG emissions are very interested in "Credit for Early Action", i.e regulatory credit. This topic came up in several discussions with Fortune 500 companies recently.
I found a decent report to Congress on this issue and highlighting lessons and difference between CO2 and Acid Rain.
With only 200 or so firms currently participating in voluntary GHG programs like the EPA Climate Leaders program and the California Climate Action Registry and with a new President, a real opportunity exists to return to earnest discussions of a robust Credit for Early Action to spur additional early activity to better shape any legislation.