Environmental
Jul. 27, 2016
Cap-and-trade links will bolster market
Linking the state cap-and-trade program to Ontario and other jurisdictions would benefit California with increased market liquidity, less market volatility and cost containment. By Allison C. Smith and Thomas A. Henry
The California Air Resources Board (ARB) grabbed headlines last week when the agency released a preliminary draft of proposed amendments to the state cap-and-trade program. An official draft of the amended regulation will not be released until Aug. 5 for public comment, but regulated industries and environmental advocates are already poring over the ARB's 365-page strikethrough of the regulation and accomp...
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