California is about to find out what a truly radical climate policy looks like(vox.com)

8 pointsby state_machine10 năm trước1 comments

California is about to find out what a truly radical climate policy looks like

http://www.vox.com/2016/8/29/12650488/california-climate-law-sb-32

1 comments

DrScump10 năm trước

This piece is oddly silent on the failing linchpin of the program: people aren't paying nearly as much for their carbon credits as projected. The most recent auction was down 98% in nominal dollars from the preceding auction (there is surprisingly little coverage of this fact in the media, so I don't know if there are mitigating numbers).

There was an article in WSJ that is paywalled:

http://www.wsj.com/articles/californias-cap-and-trade-bubble...

And this is the only other free coverage I found via a cursory search:

https://www.yahoo.com/news/californias-landmark-cap-trade-pr...