California senator threatens to use budget bill to overturn ARB decision on free CO2 allowances

Published 14:30 on August 25, 2017  /  Last updated at 00:25 on September 16, 2020  /  Americas, Canada, Carbon Taxes, CBAM, US  /  No Comments

A California senator has said he plans to use the 2018 budget bill to undo the Air Resources Board’s (ARB) July decision to extend high levels of free CO2 allowance allocation to oil refineries and other emitting industry in the state’s cap-and-trade programme.

A California senator has said he plans to use the 2018 budget bill to undo the Air Resources Board’s (ARB) July decision to extend high levels of free CO2 allowance allocation to oil refineries and other emitting industry in the state’s cap-and-trade programme.

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