Emission Reductions Post Cap-and-Trade Implementation

80 70 60 50 40 30 20 10 0 T 2000 2002 2004 2006 2008 2010 2012 2014 CA_Electricity and heat in State Mean 350 300 250 200 150 100 50 0 2000 2002 2004 2006 2008 2010 2012 2014 GD_Electricity and heat Mean CI CI CI Two years after Cap-and-trade compared to BAU: CA: -2.2% GD: -21.51%

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