Americas > California lawmakers advance proposal for earlier rulemaking on ETS surplus

California lawmakers advance proposal for earlier rulemaking on ETS surplus

Published 02:50 on May 24, 2020  /  Last updated at 23:49 on May 26, 2020  / /  Americas, Canada, US

California legislators passed budget language in a subcommittee Sunday requiring regulator ARB to conduct rulemaking that considers improvements to the state’s cap-and-trade scheme, including a mechanism to address the WCI allowance oversupply.
California legislators passed budget language in a subcommittee Sunday requiring regulator ARB to conduct rulemaking that considers improvements to the state’s cap-and-trade scheme, including a mechanism to address the WCI allowance oversupply.


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