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Cap-and-Trade Programs

WSPA supports market mechanisms such as a well-designed cap-and-trade program as a cost-effective approach to reducing emissions and achieving stringent greenhouse gas (GHG) reduction goals. Market-based approaches generally help balance the need to achieve greenhouse gas emission targets while reducing the economic impact on the economy, jobs, families, consumers and businesses.

Unintended Consequences

WSPA opposes direct command-and-control regulations which have a tendency to drive up compliance costs while having less environmental benefit. These programs can also create unintended consequences and undermine the effectiveness of market based programs, thus imposing new burdens and costs on hard working consumers and businesses.

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