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A super important point here: If natural gas emissions are covered under a cap-and-trade program—like in California—then local bans on natural gas are ineffectual in reducing total emissions.https://twitter.com/KevinSLeahy/status/1215462799356448768 …
Local bans on gas use protect ratepayers from the cost of future stranded assets. A cap and trade system, with lower caps in the future, ensures that gas assets will be retired before their previously expected average service lives.
