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National Research Council Report Recommends Setting a US Carbon Budget Through 2050; Concludes Known Technologies Not Sufficient to Meet Budget Goals

Green Car Congress

The exact value of the reference budget is uncertain, but regardless, illustrates a clear need for a major departure from business-as-usual. Either cap-and-trade, a system of taxing emissions, or a combination of the two could provide the needed incentives. Source: NRC. Click to enlarge.