F. Noel Perry

California legislators are on the verge of voting whether or not to extend the state’s cap-and-trade program — one of the policies critical to meeting the state’s long-term climate change goals. As they debate the measures, they should be aware of the economic and job impacts of cap and trade in the state’s most environmentally and economically challenged regions.

This study looked at our state’s carbon cap-and-trade program, renewable energy policy and energy efficiency programs. The data revealed plenty of economic costs, but even greater economic benefits.