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Arrium administration puts a cloud over 6700 jobs nationwide. If the cost of carbon is used to determine carbon pricing, they will ultimately end up paying about $6.8 billion per year – that's almost twice as much.

The proposed $38 per tonne rule would apply to only a fraction of that figure – the U.S. doesn't have a national carbon price. But with a massive financial gain, 바카라 it's hard to argue that California shouldn't make good use of it.