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National Research Council Report Recommends Setting a US Carbon Budget Through 2050; Concludes Known Technologies Not Sufficient to Meet Budget Goals

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Illustration of the representative US cumulative GHG emissions budget targets:170 and 200 Gt CO2-eq (for Kyoto gases). While the report does not specifically recommend a cap-and-trade system, it notes that cap-and-trade is generally more compatible with the concept of an emissions budget. Source: NRC. Click to enlarge.