Americas > Advocates say New York cap-and-invest programme should scrap ceiling price, consign all free allowances

Advocates say New York cap-and-invest programme should scrap ceiling price, consign all free allowances

Published 21:57 on July 6, 2023  /  Last updated at 21:57 on July 6, 2023  / Matthew Lithgow /  Americas, US

New York regulators should abandon a price ceiling in crafting their economy-wide cap-and-invest rule, while also implementing a consignment requirement for all freely distributed permits, programme advocates said Thursday.
New York regulators should abandon a price ceiling in crafting their economy-wide cap-and-invest rule, while also implementing a consignment requirement for all freely distributed permits, programme advocates said Thursday.


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