Read the report: Evaluating the Policy Trade-Offs in ARB's Cap-and-Trade Program.
In this video, Mark Newton, Tiffany Roberts, and James Nachbaur discuss the LAO's report "Evaluating the Policy Trade-Offs in ARB's Cap-and-Trade Program." This report analyzes the design of the cap-and-trade program, which is a part of the state's plan to reduce greenhouse gas emissions statewide to 1990 levels by 2020—a goal set by the Global Warming Solutions Act of 2006 (commonly referred to as AB 32).