E&E News: “Tightening Cap and Trade in California Will Help Climate, Group Says”
This story details the findings of a new RFF report in the context of California's evolving cap-and-trade program.
California regulators aiming to hit the state’s ambitious climate goals would have the most success through a policy that would trigger deeper emissions cuts, though it also would raise costs, a new report by an influential energy think tank says.
An analysis by Resources for the Future indicates the most effective way to ensure greenhouse gas emissions cuts through California’s trendsetting cap-and-trade program is to make it more expensive for businesses to avoid those cuts.
