Americas > Compliance Markets & Taxes > California considers reductions in utility allocations, cap-and-trade allowance removals from general auction pool

California considers reductions in utility allocations, cap-and-trade allowance removals from general auction pool

Published 01:18 on October 6, 2023 / Last updated at 22:33 on October 30, 2023 / / Americas (Compliance Markets & Taxes, US & Canada)

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California regulator ARB on Thursday revealed its considerations in selecting an allowance pool for removal cap-and-trade permits over the rest of the decade, discussed reductions in free permits for electrical distribution utilities (EDUs), and received feedback on electricity imports from unlinked carbon pricing jurisdictions, the California Renewable Portfolio Standard (RPS) adjustment, and biogenic emissions.
California regulator ARB on Thursday revealed its considerations in selecting an allowance pool for removal cap-and-trade permits over the rest of the decade, discussed reductions in free permits for electrical distribution utilities (EDUs), and received feedback on electricity imports from unlinked carbon pricing jurisdictions, the California Renewable Portfolio Standard (RPS) adjustment, and biogenic emissions.


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