Americas > California watchdog urges state to adjust future cap-and-trade supply, alter free allocations

California watchdog urges state to adjust future cap-and-trade supply, alter free allocations

Published 18:45 on January 15, 2021  /  Last updated at 02:18 on January 16, 2021  /  Americas, Canada, US  /  No Comments

A California oversight committee urged regulator ARB to address the WCI carbon allowance surplus to ensure the state hits its long-term climate goal, while continuing calls to alter industrial allocation and the design of quarterly auctions.

A California oversight committee urged regulator ARB to address the WCI carbon allowance surplus to ensure the state hits its long-term climate goal, while continuing calls to alter industrial allocation and the design of quarterly auctions.

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