Oregon unable to sell allowances under proposed ‘cap-and-reduce’ programme

Published 22:08 on May 19, 2020  /  Last updated at 23:15 on May 19, 2020  /  Americas, Canada, US  /  No Comments

Oregon’s Environmental Quality Commission (EQC) does not have the legal authority to auction permits under the state’s potential carbon reduction policy, but alternative compliance pathways such as trading should not face a similar barrier, a state agency said Monday.

Oregon’s Environmental Quality Commission (EQC) does not have the legal authority to auction permits under the state’s potential carbon reduction policy, but alternative compliance pathways such as trading should not face a similar barrier, a state agency said Monday.

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