California cap-and-trade budget cuts over 2025-30 must be enshrined next year, ARB official says

Published 02:36 on September 12, 2023  /  Last updated at 14:43 on September 12, 2023  / Bijeta Lamichhane /  Americas, Canada, US

Revisions to California's cap-and-trade allowance budgets over the 2025-30 period must take effect next year in order for the state to account for its free permit allocations to industry and utilities, an official for state regulator ARB said Monday.
Revisions to California's cap-and-trade allowance budgets over the 2025-30 period must take effect next year in order for the state to account for its free permit allocations to industry and utilities, an official for state regulator ARB said Monday.


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