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California Lawmakers Question Cap & Trade, Show Interest In Carbon Tax

March 17, 2017
Some Democratic and Republican members of the California Assembly are questioning the effectiveness and impacts of California's greenhouse gas cap-and-trade program, showing interest for different reasons in exploring either a broad carbon tax or a "cap-and-tax" system after 2020. While it still appears that the state is moving toward continuing the cap-and-trade program beyond 2020 -- as the state air board and Gov. Jerry Brown (D) are proposing -- sources say it is significant that carbon tax options are being...

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