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Suppose that the CA(California)'s CTS is able to acheive any environmental target at least cost. Why might there still be an optimality issue? In other
Suppose that the CA(California)'s CTS is able to acheive any environmental
target at least cost. Why might there still be an optimality issue? In other words, even
if CA's CTS can acheive a cap at least cost, why might this system still fail to acheive
the optimal level of greenhouse gases?
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