Well setbacks limit California’s oil supply with larger health benefits and employment losses than excise and carbon taxes

Nature Energy(2023)

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Abstract
Compared to excise taxes and carbon taxes, setback restrictions on new oil wells have larger health benefits and worker compensation losses, but are more equitable by bringing greater benefits and lower losses to disadvantaged communities in California. For California to meet green gas emissions (GHG) targets, larger setbacks than currently proposed or additional supply-side policies are needed.
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Key words
larger health benefits,setbacks,employment losses,californias
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