California carbon prices seen rising fivefold under AB-398

Published 21:34 on July 26, 2017  /  Last updated at 21:34 on July 26, 2017  /  Americas, Canada, US, Voluntary Market  /  No Comments

Prices for California Carbon Allowances could increase nearly fivefold by 2030 under new rules that will emerge after the state legislature last week approved a law extending the cap-and-trade scheme to 2030, according to analysts.

Prices for California Carbon Allowances could increase nearly fivefold by 2030 under new rules that will emerge after the state legislature last week approved a law extending the cap-and-trade scheme to 2030, according to analysts.

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