Three Reforms to Protect Cap-and-Trade Policy
Berkeley CA (SPX) Jul 14, 2014 - California's landmark cap-and-trade system for regulating greenhouse gases could be vulnerable to price spikes and market manipulation, according to a study released by scholars affiliated with the Energy Institute at Haas. But the state's air-quality regulators can prevent that outcome with three straightforward reforms, the study says. Specifically, the California Air Resources Board sho ... more
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