California carbon market seen tighter as fuel consumption hits new high in 2017

Published 01:17 on March 28, 2018  /  Last updated at 20:12 on September 28, 2018  /  Americas, Canada, RINs & LCFS, US  /  No Comments

Gasoline and diesel consumption in California set a new record in 2017, according to data published on Monday, pointing to higher demand from the largest emitting sector in state's cap-and-trade scheme.

Gasoline and diesel consumption in California set a new record in 2017, according to data published on Monday, pointing to higher demand from the largest emitting sector in state’s cap-and-trade scheme. 

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