Americas > Emerging technologies, hedging needs playing into California cap-and-trade budget cut decision, official says

Emerging technologies, hedging needs playing into California cap-and-trade budget cut decision, official says

Published 23:57 on July 27, 2023  /  Last updated at 14:28 on July 28, 2023  / /  Americas, Canada, US

California will factor in the viability of nascent low-carbon technology roll out and importance of having a permit bank as it weighs steeper cuts to cap-and-trade allowance budgets over the remainder of the decade, a senior official with state regulator ARB said Thursday.
California will factor in the viability of nascent low-carbon technology roll out and importance of having a permit bank as it weighs steeper cuts to cap-and-trade allowance budgets over the remainder of the decade, a senior official with state regulator ARB said Thursday.


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