Americas > WCI Roundup: Low demand in 2016 auctions equals more future cash for Cali. -analysts

WCI Roundup: Low demand in 2016 auctions equals more future cash for Cali. -analysts

Published 00:19 on June 25, 2016  /  Last updated at 00:23 on June 25, 2016  /  Americas, Canada, US  /  No Comments

California’s government could generate more revenues in the long run under its cap-and-trade scheme if demand remains low during the final two auctions of 2016, analysts said Friday, countering critics’ claims that unsold allowances show the market is broken.

California’s government could generate more revenues in the long run under its cap-and-trade scheme if demand remains low during the final two auctions of 2016, analysts said Friday, countering critics’ claims that unsold allowances show the market is broken.

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