Study of California cap-and-trade system suggests refinements

Friday, February 22, 2013 - 08:00 in Earth & Climate

In the absence of federal action to create a national greenhouse gas emission "cap-and-trade" system, states are taking the lead. Last month, California launched the world's first economy-wide greenhouse cap-and-trade system, which affects power plants and other major greenhouse gas producers like refineries, cement and glass manufacturers.

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