California allowance prices sink on warning of Trump “total war” legal threat to US carbon markets

Published 22:22 on January 8, 2026 / Last updated at 22:22 on January 8, 2026 / and / Americas (Compliance Markets & Taxes, US & Canada), Net Zero Transition (Litigation)

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California carbon allowance prices dropped late Thursday after a consultancy warned clients that the Trump Administration is gearing up for “total war” against US regional carbon markets.
California carbon allowance prices dropped late Thursday after a consultancy warned clients that the Trump Administration is gearing up for “total war” against US regional carbon markets.


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