NEWS: California’s cap-and-trade program faces daunting hurdles to avoid collapse

California’s carbon trading program now faces numerous challenges that raise questions about the system’s long-term viability, reports the Los Angeles Times. Court challenges, a carbon auction that recently fell far short of expectations and a possible sunset of the program in 2020 are among the challenges faced by the effort, which has raised gas prices in an attempt to combat climate change.

Click here to read the article.