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2020 California baseline emissions forecast

September 29, 2016 by Harry Horner

Time-series econometric analysis suggests that the California carbon allowance (CCAs) market will remain oversupplied by a cumulative total of approximately 120 to 140 million tons by 2020, if emissions from covered sectors proceed in a business-as-usual scenario without increased investment in abatement or economic impact from carbon pricing, and without…

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