State mulls carbon tax, other alternatives to cap and trade

As California plots its carbon course to 2030, alternatives to its existing cap-and-trade program are getting some consideration. “The oil industry is in the funny position now of needing to work hard to get stronger authority for cap and trade to continue in its current form,” said Chris Busch, director of research at the consulting firm Energy Innovation. “That’s what the Brown administration would like, too.”

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