As promised, we’re continuing to make improvements to our climate pricing primer. I think it’s a lot clearer than it was.

So far, readers have asked to see some explanation of why grandfathering permits creates private windfalls; whether so-called “safety valves” are a good idea; and whether there would be “leakage” from a cap and trade program. We’re developing answers to those, and other, questions now—tune in later for more.

You can also check out all our climate resources and tools here, and then let us know what you’d like to see next.

Recent improvements are due largely to the big-brained Yoram Bauman, who offered many helpful suggestions.