California watchdog urges greater scrutiny of cap-and-trade allowance adjustments, post-2030 programme structure

Published 03:01 on October 25, 2023  /  Last updated at 03:01 on October 25, 2023  / /  Americas, Canada, US

California should better detail its proposed allowance budget cut scenarios with the necessary adjustments in supply as it relates to broader climate goals, as well as elements of its cap-and-trade programme design after the next decade, the state’s carbon market watchdog said Tuesday.
California should better detail its proposed allowance budget cut scenarios with the necessary adjustments in supply as it relates to broader climate goals, as well as elements of its cap-and-trade programme design after the next decade, the state’s carbon market watchdog said Tuesday.


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