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Prospects for the California Emissions Market, with Dallas Burtraw

Resources Radio

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California's Capin Trade Programs Allow Allocation

Half of the allowances are given away for free to effected industry on an output basis. The other half are auctioned, and revenues from that auction go to the greenhouse gas reduction fund. An important portion of the allowance value is required to be invested in disadvantaged communities or go to the benefit of disadvantaged communities.

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