Higher CO2 price should be focus of California allowance oversupply talks -experts

Published 01:16 on August 17, 2019  /  Last updated at 16:41 on August 20, 2019  /  Americas, Canada, RINs & LCFS, US  /  No Comments

California should worry less about hitting the state’s long-term GHG goal and focus on raising carbon allowance prices to stimulate innovation and allay concerns about the oversupply of CO2 permits in its ETS, economists said at public hearing Friday.

California should worry less about hitting the state’s long-term GHG goal and focus on raising carbon allowance prices to stimulate innovation and allay concerns about the oversupply of CO2 permits in its ETS, economists said at public hearing Friday.

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