Emission Reductions Post Cap-and-Trade Implementation

1.0 0.9 0.8 0.7 0.6 0.5 0.4 0.3 0.2 0.1 0.0 2000 2002 2004 2006 2008 2010 2012 2014 60 60 510 50 40 30 20 10 CA_Primary metals Mean CI 0 2000 2002 2004 2006 2008 2010 2012 2014 GD_Primary metals Mean CI CI Two years after Cap-and-trade compared to BAU: CA: 12.11% GD: -21.84%

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