CARB To Study Whether Cap-And-Trade Could Make Cos. Flee

Law360, San Diego (August 1, 2012, 11:09 PM EDT) -- The California Air Resources Board on Monday revealed plans to study whether cap-and-trade regulations and other factors could drive companies facing new energy costs to flee the state — and depending on its findings, more free greenhouse gas credits to keep certain firms in California may be a possibility.

The air regulator said during a workshop that it is undertaking two studies to look at broad drivers for companies to leave the state, also known as “business leakage.” It will also conduct a third study on...
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