Exelon forced to buy Massachusetts GWSA allowances to cover obligations, report shows

Published 18:15 on June 11, 2019  /  Last updated at 18:15 on June 11, 2019  /  Americas, US  /  No Comments

Exelon was the only company to purchase Global Warming Solutions Act (GWSA) allowances last year to comply with Massachusetts’ in-state cap-and-trade programme, as the power utility's emissions outstripped its annual allocation from the scheme, according to a new report.

Exelon was the only company to purchase Global Warming Solutions Act (GWSA) allowances last year to comply with Massachusetts’ in-state cap-and-trade programme, as the power utility’s emissions outstripped its annual allocation from the scheme, according to a new report.

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