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|Name||Western Climate Initative Final Complementary Policies White Paper|
|Description||The Western Climate Initiative (WCI) Partners have recommended a comprehensive regional effort to reduce emissions of global warming pollution, combining a broad cap-and-trade program with complementary policies to achieve the WCI 2020 regional emissions goal. Complementary policies can address market barriers that would otherwise limit the use of low- cost greenhouse gas (GHG) emission-reduction options and reduce emissions from sources excluded from the cap-and-trade program. Thus, complementary policies can lower the overall cost of reducing GHG emissions. This view is supported by the 2008 economic analysis of WCI’s cap-and-trade design, which incorporated complementary policies related to energy efficiency and tailpipe emission standards. The analysis found that the WCI 2020 reduction goals can be achieved with small overall net savings due to reduced energy expenditures exceeding the direct costs of greenhouse gas emission reductions.|
|Keywords||Federal, Conservation, Management, Funding, Information|