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Southern California’s once groundbreaking cap and trade program is now riding towards the sunset


The days are numbered for one of the US's first air emissions cap and trade programs, with the Regional Clean Air Initiatives Market ("RECLAIM") program for 2XX stationary sources, located throughout Southern California, set to be phased out.


This article provides an overview of the history and current structure of the RECLAIM program, followed by an examination of the District's proposal for phasing out the RECLAIM program.