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Now more than ever, economic development has to adapt to a volatile energy market and policies that are emerging to shape that market, a process that holds both opportunities and challenges. While the specifics of the transition to a low-carbon economy are still being debated both nationally and internationally, it appears likely that some type of cap and trade or carbon pricing will emerge. A price on carbon will hold significant implications for U.S. industries, regions and the nation as a whole. This report is intended to help economic developers and those in related fields think about how they can position their economies to benefit from the transition.
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