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CARB approves Community Emissions Reduction Program for Stockton | California Air Resources Board

CARB approves Community Emissions Reduction Program for Stockton | California Air Resources Board

Latest Western Climate Initiative auction sells out; still space for more climate ambition from cap and trade


Latest Western Climate Initiative auction sells out; still space for more climate ambition from cap and trade
Yosemite National Park
The latest California-Quebec auction was fully subscribed, based on results released today. This is the second quarter in a row where all allowances sold, which is good news for the state’s Greenhouse Gas Reduction Fund. There is still opportunity, however, for more ambition in the program moving forward.
Today’s results, by the numbers
All 54,773,607 current vintage allowances were offered for sale. This is the second consecutive auction where all current allowances sold. It should also be noted that there were just under 2 million more allowances offered in November compared to February, mainly due to the annual decline of the emissions cap. ....

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