Release: PLF lawsuit challenges cap-and-trade auction as unconstitutional
Sacramento, CA; April 16, 2013: Attorneys with Pacific Legal Foundation today filed a lawsuit challenging California’s “cap and trade” auction regulation. The regulation creates a quarterly auction program requiring many California employers to bid significant amounts of money for the privilege of continuing to emit carbon dioxide — or be faced with closing their doors in California, laying off their employees, and moving their businesses to other states. Read the entire press release.
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