California overhauls carbon market — critics say it’s a giveaway to oil

California overhauls carbon market — critics say it’s a giveaway to oil

California air regulators on Friday approved a contentious overhaul of the state’s carbon market, creating a program that could steer billions of dollars in free pollution permits to oil refineries and other major polluters over the objections of environmental groups, key lawmakers and three of the board’s own members. Ten members of the California Air […]

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