Understanding SB 775: A Realistic Path to Achieving California's Climate Goals

Legal Planet (May 15, 2017) (with Michael Wara)

In order to achieve a 2/3 vote to extend cap-and-trade, several changes to the current market design will be necessary. SB 775 is the first serious attempt to address the challenge of extending carbon pricing after 2020 and continues to be the only proposal that offers a solution to the real-world constraints facing legislators today.

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