North America
September 15, 2025
Environmental Markets | Carbon Markets
Visual Primer Series
Policy Primer: Carbon Pricing September 2025 Update
State initiatives and favorable auction outcomes keep U.S. carbon markets strong amid receding federal climate action.
Developments in U.S. carbon markets reflect new progress as states reinforce their commitment to emissions-trading programs despite receding federal climate action. Amid rising auction prices, states and regions are extending their programs beyond the next decade, signaling resilience and renewed confidence in market-based climate initiatives.
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