California lawmakers reach carbon market extension deal, futures surge

Published 15:06 on September 10, 2025 / Last updated at 01:39 on September 11, 2025 / , , and / Americas (Compliance Markets & Taxes, US & Canada)

Carbon Pulse Premium

A last-minute deal has been reached between lawmakers to extend California's cap-and-trade programme beyond 2030, causing allowances prices to surge by more than 5% on Wednesday.
A last-minute deal has been reached between lawmakers to extend California's cap-and-trade programme beyond 2030, causing allowances prices to surge by more than 5% on Wednesday.


A subscription is required to read this content. Subscribe today to Carbon Pulse Premium to access our unrivalled news and intelligence, as well as other content including all job listings. Click here for details.

We offer a FREE TRIAL to each of our subscription services and it only takes a minute to register. If you already have a Carbon Pulse account, login here.

This page is intended to be viewed online and may not be printed.
As per our terms and conditions, the republication or redistribution of Carbon Pulse content can result in the suspension or termination of your subscription.