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Some economic projections say that greenhouse gas limits will cause economic pain, while others predict economic gain. Why the big difference? It depends on the assumptions you choose--and now you can choose your own.


This paper begins with a general overview of the basic building blocks of cap and trade, followed by a discussion of the potential scope of coverage of a program, including what entities might be regulated and which emissions. The paper then focuses on how to set the initial emissions cap

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There are two ways the U.S. government could bring consistency and credibility to the voluntary carbon offset market: endorse an existing program and provide guidance, oversight and/or enforcement.

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