California Air Resources Control Board released the Cap and Trade auction results. They can be found here:http://www.arb.ca.gov/cc/capandtrade/auction/november_2012/auction1_results_2012q4nov.pdf. All of the 2013 allowances were purchased at a low price and only a small fraction of the 2015 allowances were purchased. One would presume that many companies were not willing to bet that the Cap and Trade… Continue Reading
Tag Archives: Cap and Trade. Clean Air Act
California Greenhouse Gas Auction is challenged by California Chamber of Commerce One Day Before the Auction
Posted in Air Quality, Environmental and Land UseThe California Chamber of Commerce on November 13 filed a suit in Sacramento Superior Court in order to challenge the auction of Green House Gas (“GHG”) allowances that were scheduled for auction on November 14. This is the key section of the AB 32 cap and trade program that allocates allowances and then reduces those… Continue Reading
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