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Update on the Implementation of AB 32: Cap and Trade in Focus
Dallas Burtraw
California State Senate Select Committee on the Environment, the Economy, and Climate Change
RESEARCH TOPICS:
Summary / Publication Commentary
My remarks this afternoon address the overall design of the cap-and-trade program including the specific issues of (1) cost management; and (2) why, when and how to auction emissions allowances. Finally, I discuss considerations for the most important issue of all: (3) dealing with auction revenue.
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