North America
March 31, 2014
Environmental Markets | Carbon Markets
Policy Brief
California Cap and Trade Program Strong after First Year of Operation
On February 19, 2014, the California Air Resources Board (CARB) held its sixth carbon allowance auction. Auction results over the first year show that compliance entities are becoming more comfortable with program and that investor market confidence is growing. Similarly, a secondary allowance market is also developing as market confidence grows. Overview The California Air…
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