California legislators probe allowance supply changes, salvage banking metrics in revised carbon market bill

Published 17:34 on June 15, 2022  /  Last updated at 17:34 on June 15, 2022  /  Americas, Canada, US  /  No Comments

California lawmakers on Tuesday released the updated text of a cap-and-trade market reform bill that would address allowance overallocation and supply vis-a-vis offset usage, while also requiring the publication of banking metrics after a similar bill failed this spring.

California lawmakers on Tuesday released the updated text of a cap-and-trade market reform bill that would address allowance overallocation and supply vis-a-vis offset usage, while also requiring the publication of banking metrics after a similar bill failed this spring.

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