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Cap And Trade Gives Massachusetts Economy Critical Boost, Defying Naysayers

First Posted: 12/14/11 02:41 PM ET Updated: 12/14/11 02:41 PM ET

The state of Massachusetts is quietly reaping the benefits of cap and trade, the much-maligned process for curbing greenhouse gas emissions that federal lawmakers and many state governments resoundingly rejected in recent years. According to a recent study, cap and trade has created 3,800 jobs and nearly $500 million in economic activity for Massachusetts since 2008.

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Filed by Bonnie Christian  |