Based on the allowance allocation formula in H.R. 2454 (the Waxman-Markey cap and trade bill) for electricity consumers, most states will not have enough allowances to cover their emissions from electricity generation. … To make up the shortfall, the states that are ’shorted’ on the allocations (i.e., the vast majority of states) will have to seek high-cost, non-CO2 emitting electricity sources, reduce electricity production and consumption, or purchase allowances from …
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The Freedom Diva: Cap & Trade – State by State Allocations for …