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Perspective: Regional Greenhouse Gas Cap-and-Trade Programs May be the Solution

Green Car Congress

A uniform price multi-round auction was used by the State of Virginia to auction its emissions allowances in the NO x Budget Trading Program in the eastern U.S. To be credible, as noted above, an offset should equate to an emission reduction from a direct emission source, such as a smokestack or exhaust pipe. Flexible Debt Capital.

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