California industrial allowance allocations shrink to begin post-2020 period

Published 22:10 on December 4, 2020  /  Last updated at 22:12 on December 4, 2020  /  Americas, Canada, US  /  No Comments

California's free carbon permit distributions to industrial emitters declined by nearly 13% for 2021, with refineries accounting for the largest chunk of the year-on-year difference, according to data published by regulator ARB on Friday afternoon.

California’s free carbon permit distributions to industrial emitters declined by nearly 13% for 2021, with refineries accounting for the largest chunk of the year-on-year difference, according to data published by regulator ARB on Friday afternoon.

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