Update on the Implementation of AB 32: Cap and Trade in Focus

My remarks this afternoon address the overall design of the cap-and-trade program including the specific issues of (1) cost management; and (2) why, when and how to auction emissions allowances. Finally, I discuss considerations for the most important issue of all: (3) dealing with auction revenue.

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Date

March 27, 2012

Authors

Dallas Burtraw

Publication

Testimony and Public Comments

Reading time

1 minute

Topics

Authors

Dallas Burtraw

Darius Gaskins Senior Fellow

Dallas Burtraw is the Darius Gaskins Senior Fellow at RFF. Burtraw’s research includes analysis of the distributional and regional consequences of climate policy and the evolution of electricity markets, including renewables integration.

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