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Cap-And-Trade Costs California Businesses $1 billion

Cap-And-Trade Costs California Businesses $1 billion

By Michael Bastasch California businesses paid a whopping $1 billion this year buying permits to comply with the state’s cap-and-trade law — the largest sale recorded since the state began regulating carbon dioxide in 2012. Republished with permission–The Daily Caller Foundation: http://dailycallernewsfoundation.org/ Even with record permit sales, sildenafil the $1 billion raised was well below market expectations. […]