Laurel Collins at the Environment and Sustainable Development Committee

Thanks, Mr. DeMarco.

Ms. Johnson, will the department be conducting an additional analysis to determine whether the program constitutes an inefficient fossil fuel subsidy?

Reading report four, it seems pretty clear that the emissions reduction fund was essentially, at least in policy terms, set up to be an inefficient fossil fuel subsidy that allows companies to expand production rather than fulfill the fund's emissions reduction mandate.