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The Conversation

Cap and trade could be the answer to state budget crises

imageA properly designed cap and trade scheme could lift Illinois out of the fog.Kevin Lamarque/Reuters

So-called cap and trade may be a solution to a problem it was not intended to solve: state budget crises.

Cap-and-trade policy was designed to address climate change by putting a “cap” on carbon dioxide emissions – issuing a fixed...

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The Conversation


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