Americas > Fuel, power must ramp up GHG reductions to hit California’s 2030 goal -BAML

Fuel, power must ramp up GHG reductions to hit California’s 2030 goal -BAML

Published 16:18 on October 14, 2019  /  Last updated at 16:18 on October 14, 2019  / Dan McGraw /  Americas, Canada, RINs & LCFS, US

California’s transportation and electricity sectors will have to cut emissions faster in the post-2020 period to ensure the state reaches its 2030 goal, potentially putting bullish pressure on California Carbon Allowance (CCA) prices, according to analysis from Bank of America Merrill Lynch (BAML).
California’s transportation and electricity sectors will have to cut emissions faster in the post-2020 period to ensure the state reaches its 2030 goal, potentially putting bullish pressure on California Carbon Allowance (CCA) prices, according to analysis from Bank of America Merrill Lynch (BAML).


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