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United States2025-05en

Cap-and-Trade Program Fact Sheet

Summary

California aims to achieve carbon neutrality by 2045, and its Cap-and-Trade Program is a core policy to reach this goal. The program sets a declining limit on major greenhouse gas emissions, providing an economic incentive for industries to invest in cleaner technologies. The program, in progress since 2006 and extended in 2017, has successfully reduced emissions and air pollution, generating billions for reinvestment in climate initiatives.

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