Americas > ANALYSIS: California cap-and-trade registration backlog more than doubles in Q4 amid longer wait times

ANALYSIS: California cap-and-trade registration backlog more than doubles in Q4 amid longer wait times

Published 22:29 on January 5, 2023  /  Last updated at 22:29 on January 5, 2023  /  Americas, Canada, US  /  No Comments

The number of entities awaiting approval by California regulator ARB to participate in the state’s cap-and-trade programme more than doubled in the fourth quarter, according to analysis by Carbon Pulse, as authorisations are reportedly taking as long as 12 months to complete.

The number of entities awaiting approval by California regulator ARB to participate in the state’s cap-and-trade programme more than doubled in the fourth quarter, according to analysis by Carbon Pulse, as authorisations are reportedly taking as long as 12 months to complete.

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