The state has a good cap-and-trade system, Robert Stavins said, but some of its other environmental policies are weakening it. He pointed to a rule known as the low carbon fuel standard, which is supposed to increase production of clean fuels.
Environmental advocates consider it a complement to the cap-and-trade program that makes industry pay for emitting carbon. Stavins had other words.
“It’s contradictory. It’s counterproductive. It’s perverse,” he said. “I would recommend eliminating it.” From: www.ocregister.com