RT @dcullenward: 13. Problem is, CARB's approach to keeping industry happy was to maintain an oversupplied market to keep prices artificial… 2 hours ago
RT @dcullenward: 12. But critically, the deal on both climate and air quality depended on stable revenue. An oversupplied market would sell… 2 hours ago
RT @dcullenward: 10. To be fair, compromise was always going to be necessary. Thanks to an industry-funded ballot initiative (Prop 26), mar… 2 hours ago
RT @dcullenward: 9. In one fell move, big oil rolled back local air districts' climate authority, prevented new statewide regulations on th… 2 hours ago
RT @drvox: An excellent thread on the problem of overallocation (too many permits) in California's cap-and-trade system.
(All you clean-e… 2 hours ago
