California’s carbon market is leaking

Grist
By David RobertsOct 30, 2014, 2:55 pm46 pts
California’s landmark climate policy program — AB32, passed in 2006 and defended from ballot attack in 2010 — includes, among other measures, a statewide cap-and-trade system. The carbon market established by AB32 is now up and running. Unfortunately, some recent changes to the rules threaten to neuter…

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