Economic and Emissions Implications of Load-Based, Source-Based, and First-Seller Emissions Trading Programs Under California AB32

In response to Assembly Bill 32, the State of California is considering three types of carbon emissions trading programs for the electric power sector: loadbased, source-based, and first-seller. They differ in terms of their point-ofregulation, and in whether in-state-to-out-of-state and out-of-state-to-in-state electricity sales are regulated. In this… CONTINUE READING