Massachusetts GWSA carbon market posts first annual deficit amid COVID-19 pandemic

Published 18:10 on February 1, 2021  /  Last updated at 00:29 on February 2, 2021  /  Americas, US  /  No Comments

Massachusetts electricity generators regulated under the state's Global Warming Solutions Act (GWSA) cap-and-trade programme posted their first annual deficit in 2020 as hotter weather and remote working pushed CO2 output above the scheme's adjusted cap, data showed.

Massachusetts electricity generators regulated under the state’s Global Warming Solutions Act (GWSA) cap-and-trade programme posted their first annual deficit in 2020 as hotter weather and remote working pushed CO2 output above the scheme’s adjusted cap, data showed.

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