Free Trade

Commentary

Is ‘Cap-and-Trade’ Good for California?

The California Air Resources Board is mulling a mix of regulations, fees and market-like mechanisms to impose on California, to comply with the state’s Global Warming Solutions Act. That 2006 law requires California to cut greenhouse gas emissions back to 1990 levels within 12 years, but it gives the board …

Commentary

Is ‘Cap-and-Trade’ Good for California?

The California Air Resources Board is mulling a mix of regulations, fees and market-like mechanisms to impose on California, to comply with the state’s Global Warming Solutions Act. That 2006 law requires California to cut greenhouse gas emissions back to 1990 levels within 12 years, but it gives the board …

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