
9. Without National Climate Action, How Can US States Put a Price on Carbon?
Pricing Nature
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Are Reggie States Thinking About Adapting to Climate Change
As climate change gets worse, states are thinking about how to deal with the effects of a changing climate. Virginia dedicates forty five per cent of its reggie revenue towards a community flood preparedness fund. A cost containment reserve helps create a price ceiling in a capand trade market so that customers don't experience significant price shocks.
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