Primer on cap and trade

Cap and Trade 101 (pdf) from the Sightline Institute. I get a headache every time I think about how hard it’s going to be to implement cap and trade, and consequently I’ve resisted learning the details, so I should read this.

Getting smart about this is especially important because the Western Climate Initiative just released its design recommendations for the WCI regional cap and trade program, and the Regional Greenhouse Gas Initiative just had its first carbon auction, with results to be posted tomorrow.

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