Americas > California lawmaker amends bill to ensure possible cap-and-trade reforms take effect in 2025

California lawmaker amends bill to ensure possible cap-and-trade reforms take effect in 2025

Published 21:23 on April 18, 2023  /  Last updated at 22:17 on April 18, 2023  / Joan Pinto /  Americas, Canada, US

A California legislator made wholesale changes to a bill on Monday that will require state regulator ARB to evaluate the effectiveness of the WCI-linked carbon market mechanism and set a Jan. 1, 2025 deadline for implementing any resulting alterations, aborting the bill's prior focus on strengthening the state’s 2030 abatement target.
A California legislator made wholesale changes to a bill on Monday that will require state regulator ARB to evaluate the effectiveness of the WCI-linked carbon market mechanism and set a Jan. 1, 2025 deadline for implementing any resulting alterations, aborting the bill's prior focus on strengthening the state’s 2030 abatement target.


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