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Bottom Line on Cost Containment

Cap-and-trade programs are designed to increase the economic efficiency of emissions reductions and lower costs beyond command-and-control approaches alone. Cap-and-trade programs often incorporate features that add flexibility and/or increase price certainty to help address cost

Bottom Line on International Climate Negotiations

In December 2009, diplomats from around the world will convene in Copenhagen, Denmark to decide on a new international agreement on climate change. The following questions and answers address the agreements and structures that form the basis of the Copenhagen climate change negotiations.


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