EAAC (Economic and Allocation Advisory Committee)
EAAC (Economic and Allocation Advisory Committee) :
The Cal/EPA Secretary and ARB Chairman created an Economic and Allocation Advisory Committee to advise ARB on the design of a greenhouse gas cap-and-trade program. EAAC evaluated and provided recommendations on the implications of different allowance allocation strategies such as free allocation, auction, or a combination of both. EAAC also provided advice to ARB on its revised AB 32 economic analysis
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