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California's cap-and-trade system may be too weak to do its job

from Vox

California is regarded as a global leader on climate-change policy, having put in place some of the world's most ambitious carbon-reduction targets. Most recently, it extended its landmark climate law from 2020 out through 2030, drawing international praise and signaling that the state would stay on the path of decarbonization. But now comes the hard part: implementation. more

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