Funding California Rail With Cap-and-Trade Revenue Hits a Snag

Streetsblog
By Angie SchmittMay 27, 2016, 11:39 am149 pts
California’s cap-and-trade program is one of the boldest state-level climate change policies in the U.S. By capping statewide carbon pollution and then auctioning off emissions allowances, the state hopes to both reduce greenhouse gas emissions and generate about $10.6 billion for projects…

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