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Cap and Trade: The Dark Side - Stoft

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Appendix B: Affected Government Policies<strong>The</strong> following policies now save carbon. But under a cap, they willonly shift carbon savings from one approach to another.REGGI: <strong>The</strong> Northeast carbon trading schemeCalifornia’s CO 2emission st<strong>and</strong>ards for autos<strong>The</strong> copy-cat auto st<strong>and</strong>ards of 13 other statesCalifornia’s AB 32 that caps GHG emissions at 1990 levels in 2020California’s low-carbon fuel st<strong>and</strong>ard<strong>The</strong> National Renewable Electricity St<strong>and</strong>ard — soon to be passedEnergy Efficiency Resource St<strong>and</strong>ards in 17 statesRenewable (electricity) Portfolio St<strong>and</strong>ards: More than half the states have these.California’s carbon cap (Passed Dec. 11, 2008, but still sketchy)<strong>The</strong> Western Climate Initiative’s seven-state carbon cap (in process)Ethanol subsidies (federal <strong>and</strong> state)Solar subsidies (federal <strong>and</strong> state)Wind subsidies (federal <strong>and</strong> state)Biofuel subsidies (federal <strong>and</strong> state)Copyright © 2009, Steven <strong>Stoft</strong> Page 16 Please distribute freely.

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