allowance price containment reserve

• Ann Carlson
• March 28, 2012

Will California’s Cap and Trade Program Stimulate Innovation?

Holly’s latest post about a new study showing that cap-and-trade programs have not led to technological innovation ends with a cautionary note that raises the key question about innovation and cap-and-trade programs to reduce greenhouse gas emissions: These results [showing no innovation] don’t mean that cap-and-trade has no role to play in policies directed at climate …

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