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Jerry Brown and legislative leaders released a plan Monday to extend through 2030 California’s cap-and-trade program, a key piece of the state’s quest to fight climate change by drastically reducing emissions from greenhouse gases. The deal updates how refineries, utilities and other carbon ...
The article reports on the auction of carbon-emission permits in the cap-and-trade programme in California on November 19, 2012. It discusses the results of trading of the California carbon allowances (CCAs) for 2013 participated in companies that will have to comply with the emissions cap ...
Cap-and-trade puts a limit on the state's overall greenhouse gas emissions and requires oil refineries, utilities, ports and other polluters to buy and trade allowances to emit carbon. By putting a price on carbon and reducing allowable emissions over time, it aims to incentivize pollute...
California is considering the adoption of a cap-and-trade regulatory mechanism for regulating the greenhouse gas emissions from electricity and perhaps other industries. Two options have been widely discussed for implementing cap-and-trade in the electricity industry. The first is to regulate the emiss...
Under California's cap and trade program, an allowance is a limited tradable authorization to emit up to one metric ton of carbon dioxide equivalent. The cap determines the total number of allowances issued by CARB. During the initial years of the program, the majority of allowances w...
Rules for the design of the long-awaited Californian greenhouse gas cap-and-trade scheme have been adopted unopposed by the state's regulator, the Air Resources Board.1 The scheme is part of a framework of regulatory and market mechanisms under the California Global Warming Solutions Act of 2006...
California Carbon Allowance Price to Grow 250% By 2029 Karrie Gordon May 11, 2023 Price forecasts for one carbon allowance in the California cap-and-trade program are $100 per ton by 2029. It’s a sharp increase from current prices and the KraneShares California Carbon Allowance ETF (KCCA)...
On 22 September 2017, Governor Brown of California, Ontario Premier Wynne and Québec Premier Couillard signed a linking agreement extending the existing link of the California and Québec cap-and-trade programs to also include the Ontario program. The three programs, all belonging to the Western ...
West Coast Spot Market Report, estimating the impact of the state’s cap-and-trade regulations on transportation fuels delivered at the rack level. This includes daily price discovery for California Carbon Allowances (CCA) and a daily California Cap-at-the-Rack (CAR) assessment. On October 1,...