California Proposes Ambitious New Cap-and-Trade Program

The legislation would set one of the highest prices for carbon in the world.

https://www.technologyreview.com/s/604306/california-proposes-ambitious-new-cap-and-trade-program/?utm_source=MIT+Technology+Review&utm_campaign=6ab8a23d93-weekly_roundup_2017-05-04_edit&utm_medium=email&utm_term=0_997ed6f472-6ab8a23d93-153856085&goal=0_997ed6f472-6ab8a23d93-153856085&mc_cid=6ab8a23d93&mc_eid=e25735476a