California carbon market reform delay due to price band questions, politics -sources

Published 16:57 on October 19, 2018  /  Last updated at 22:00 on October 19, 2018  /  Americas, Canada, US  /  No Comments

California's Air Resources Board (ARB) postponed its approval of cap-and-trade amendments this week as it grapples with a flood of industry questions about proposed price band levels, with political issues tied to the US midterm elections also playing a role in the delay, regulatory sources said.

California’s Air Resources Board (ARB) postponed its approval of cap-and-trade amendments this week as it grapples with a flood of industry questions about proposed price band levels, with political issues tied to the US midterm elections also playing a role in the delay, regulatory sources said.

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