February 17, 2017 by Billy Hamshaw
(Source: StreetsBlog) The California Air Resources Board (ARB) have announced that they will postpone their decision about the future of California’s cap-and-trade program until June, giving more time to analyse alternatives and to allow further discussion. The announcement was made during the monthly board meeting yesterday. Whilst lobbyists from the oil industry staked their claims for continuing the existing system, proponents of the cap-and-tax alternative, proposed by EJAC, accused ARB staff of having an unfair tendency towards cap-and-trade and not taking into account other benefits of their suggested mitigation path. Read full article…
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