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On November 24, 2009 California released a preliminary draft regulation (PDR) that conveys, at a conceptual level, how a broad-based multi-sector cap-and-trade program will work with complementary measures to reduce greenhouse gas emissions to meet the 2020 statewide emissions limit as required under California law (AB 32). The PDR is consistent with the September 2008 WCI program design recommendations, and describes the mechanism for linking to the cap and trade programs implemented by the WCI Partner jurisdictions.
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