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Our view: Cap and trade program shows power of markets

By   /  Friday, August 25th, 2017  /  Editorials, Latest news, Opinion  /  Comments Off on Our view: Cap and trade program shows power of markets

California‚Äôs experiment with a market-based solution to reduce carbon emissions took a step toward becoming a reality Aug. 22, when the latest round of bidding for cap-and-trade permits went off without a hitch. In fact, the permit auction drew close to $1 billion, creating perhaps as much as $640 million in revenue for the state. Read More →

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