North America
November 15, 2013
Environmental Markets | Carbon Markets
Policy Brief
Court Rejects California Allowance Auction Lawsuits
A Superior Court rejected lawsuits against California’s carbon allowance auction under the cap-and-trade program. On November 12, 2013, the Sacramento Superior Court rejected lawsuits by the California Chamber of Commerce and Morning Star Packing Company challenging California Air Resources Board’s (CARB) authority to auction carbon allowances under the cap-and-trade program. Petitioners contended that CARB exceeded…
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