Experts defend structure of Washington carbon allowance reserve sales, but target improvements

Published 22:22 on June 20, 2023  /  Last updated at 22:22 on June 20, 2023  / William Koblensky Varela /  Americas, US

Washington state’s decision to only offer a fraction of its Allowance Price Containment Reserve (APCR) allowances at the mechanism's first sale in August will help maintain environmental integrity and provide compliance assurance in the cap-and-trade scheme, though an alternative process could better achieve these outcomes, experts told Carbon Pulse.
Washington state’s decision to only offer a fraction of its Allowance Price Containment Reserve (APCR) allowances at the mechanism's first sale in August will help maintain environmental integrity and provide compliance assurance in the cap-and-trade scheme, though an alternative process could better achieve these outcomes, experts told Carbon Pulse.


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