California carbon market watchdog recommends tightening allowance supply, studying no-trade zones

Published 21:19 on January 11, 2023  /  Last updated at 21:19 on January 11, 2023  /  Americas, Canada, US  /  No Comments

California should consider numerous changes to its cap-and-trade programme that would ratchet down annual allowance supply to hit the state’s GHG reduction targets, and also study how no-trading zones could benefit air quality in disadvantaged communities, according to a watchdog report published Tuesday.

California should consider numerous changes to its cap-and-trade programme that would ratchet down annual allowance supply to hit the state’s GHG reduction targets, and also study how no-trading zones could benefit air quality in disadvantaged communities, according to a watchdog report published Tuesday.

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