Americas > Electricity distribution units bear brunt of free allowance cuts in ARB’s proposed cap-and-trade changes

Electricity distribution units bear brunt of free allowance cuts in ARB’s proposed cap-and-trade changes

Published 20:31 on May 31, 2024  /  Last updated at 00:45 on June 2, 2024  / /  Americas, Canada, US

California regulator ARB illustrated a large reduction in free allowances to Electrical Distribution Utilities (EDUs), while discussing expanded mandatory emissions reporting that could add new sources of compliance in the joint ETS scheme at a public rulemaking workshop on Friday, but once again refrained from divulging eagerly awaited annual budget cut details, keeping prices in the secondary market in check.
California regulator ARB illustrated a large reduction in free allowances to Electrical Distribution Utilities (EDUs), while discussing expanded mandatory emissions reporting that could add new sources of compliance in the joint ETS scheme at a public rulemaking workshop on Friday, but once again refrained from divulging eagerly awaited annual budget cut details, keeping prices in the secondary market in check.


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