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Managing Investment Revenues and Costs in the Transportation Climate Initiative Region

Allowance price and revenue variability could pose a challenge for the investment of auction proceeds to modernize transportation infrastructure in the Transportation Climate Initiative (TCI). A price staircase could stabilize revenues and automatically increase the stringency of the program if costs are lower than expected.

Issue Brief (IB 20-05) by Dallas Burtraw, Maya Domeshek, and Derek Wietelman — 1 minute read — April 7, 2020

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