California’s IEMAC says allowance adjustment would boost impact from carbon market

Published 23:07 on December 10, 2020  /  Last updated at 23:07 on December 10, 2020  /  Americas, Canada, US  /  No Comments

A California watchdog group reiterated calls for state regulator ARB to address the WCI allowance surplus to encourage future emissions reductions, saying low prices could minimise the linked cap-and-trade scheme’s contribution to hitting the Golden State's 2030 GHG goal.

A California watchdog group reiterated calls for state regulator ARB to address the WCI allowance surplus to encourage future emissions reductions, saying low prices could minimise the linked cap-and-trade scheme’s contribution to hitting the Golden State’s 2030 GHG goal.

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