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Posts Tagged ‘cap-and-trade’

California’s First Carbon Auction Generates Nearly $300 Million in Revenues

California recently held its first auction for carbon allowances, the launch of the cap-and-trade program that is part of its Global Warming Solutions Act (AB32). My colleague, Jasmin Ansar, offered some early commentary on the auction and I recently circled back with her to get an update on how it went. Read More

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Pricing Carbon Pollution: A Historic Day in California

Yesterday California held its first auction of permits for carbon emissions under its landmark cap-and-trade program. My colleague and fellow economist, Jasmin Ansar, has been on the ground in California working on this issue for years. Today I asked her to provide some expert insight into the latest developments. Read More

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California Takes Another Stand for Climate Action

On October 20, 2011, the California Air Resources Board (CARB) formally adopted a program to limit the amount of greenhouse gas emissions that the electricity, industrial, and transportation sectors in California can release into the atmosphere.  The program, called cap-and-trade, is one of several policies the state has enacted to reduce its emissions to 1990 levels by 2020.  Read More

Categories: Energy, Global Warming  

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