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The Credit Clearance Market creates a clear path for regulated parties to come into compliance with the clean fuel standards in the event that they are short in the number of credits they need to comply. The CCM strengthens the program by setting the maximum compliance cost for the program, reducing the possibility of credit price spikes, and maintaining the incentive to invest in low carbon fuel production and distribution. The CCM also creates a clear maximum price for selling credits at the end of a compliance period, and thus caps the cost of complying with the program.
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