California’s cap-and-trade program may vastly overestimate emissions cuts

Landowners could have earned hundreds of millions of dollars for carbon cuts that won’t happen.

https://www.technologyreview.com/s/613326/californias-cap-and-trade-program-may-vastly-overestimate-emissions-cuts/?utm_campaign=the_download.unpaid.engagement&utm_source=hs_email&utm_medium=email&utm_content=71880590&_hsenc=p2ANqtz-_GvTHWyt8bardJsHHtMkz27lJWEw2lwB2nXZ0-td1qP_3Um4w_KIvK6f8HqQOCac5pu4f9_c-DUdW7R4gGUVDdEP0ESCvH6EAsDFf2inK_50bGJsE&_hsmi=71880590