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	<title>Sightline InstituteInside WCI: Linking - Sightline Institute</title>
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		<title>Inside WCI: Linking</title>
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		<pubDate>Mon, 04 Aug 2008 15:50:00 +0000</pubDate>
		<description><![CDATA[How different cap and trade programs can all get along. | This is the fourth in a short series of posts that explain some important but often overlooked policy issues in the Western Climate Initiative&#8212;the West&#8217;s regional cap-and-trade system. In cap and trade, bigger is better&#8212;or at least cheaper. That&#8217;s because of the flexibility that is built into the program: the &#8220;cap&#8221; sets the overall level of emissions while the &#8220;trade&#8221; harnesses the profit motive to seek out the cheapest and easiest...]]></description>
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