Experts advocate New York carbon market design should follow North American model over European approach

Published 23:42 on July 27, 2023  /  Last updated at 23:51 on July 27, 2023  / /  Americas, Canada, EMEA, EU ETS, US

Using North American automatic programme adjustments in the design of New York’s cap-and-invest scheme, rather than the supply-responsive approaches that their European counterparts use, would better serve to ensure programme stability, experts said Thursday.
Using North American automatic programme adjustments in the design of New York’s cap-and-invest scheme, rather than the supply-responsive approaches that their European counterparts use, would better serve to ensure programme stability, experts said Thursday.


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