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California Analysts Say Cap & Trade Cheaper Than Some Vehicle GHG Efforts

January 4, 2019
Some of California's programs to reduce greenhouse gases from the transportation sector have relatively high costs and questionable results, according to a new report from the state Legislative Analyst's Office (LAO), which says officials should consider relying more on their cap-and-trade program to achieve "low-cost" GHG cuts in the sector. "We recommend the Legislature consider limiting its GHG policies to those that achieve its policy goals most cost effectively, particularly as these goals become more ambitious in future years," states...

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