EDF Statement on Today’s California Cap-and-Trade Announcement

The following statement can be attributed to Derek Walker, EDF's director of strategic climate initiatives.

"CARB's suggested course of action is prudent and will give the cap-and-trade program its best chance of success. 

"The recommended schedule will help California maximize economic and environmental benefits and increase the program's overall effectiveness.

"This is a smart and responsible step that also ensures that the greenhouse gas pollution reductions required by the program remain unchanged.

"EDF co-sponsored AB 32 and continues to support cap-and-trade because it limits and cuts climate change pollution at the lowest possible cost. We remain committed to working with CARB to develop a successful program that benefits all Californians.

"By getting this right, California will once again serve as a model that other states and countries can follow."

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Environmental Defense Fund (edf.org), a leading national nonprofit organization, creates transformational solutions to the most serious environmental problems. EDF links science, economics, law and innovative private-sector partnerships. For more information, visit www.edf.org/california. Follow us on Twitter at EDF_CA and read our blog at http://blogs.edf.org/californiadream/.