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Checking the Math on Cap and Trade, Some Experts Say It’s Not Adding Up

By Julie Cart, CALmatters  As California accelerates its efforts to reduce greenhouses gases over the next decade, experts are pointing to vulnerabilities in its celebrated cap-and-trade system, weaknesses that could make the state’s goals difficult — even impossible — to reach. Cap and trade, featuring a market where permission to pollute is bought and sold, […]

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