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Report: State should have flexibility to spend cap-and-trade funds

from The Associated Press via The Orange County Register

California lawmakers should have more flexibility to spend billions of dollars collected through the state's landmark cap-and-trade system designed to combat climate change, analysists recommended Jan. 21. The nonpartisan Legislative Analyst's Office reported the state can reach its goals for cutting greenhouse gases without spending all of the money raised from the cap-and-trade program. more

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