California Cap And Trade Comes To A Crossroads As Carbon Prices Fall
August 27th, 2013 | by Silvio Marcacci
California’s carbon prices fell in its fourth cap-and-trade auction on news the state may increase the amount of free allocations it provides in 2014. But even though permit sales dropped 13% from May 2013’s record-setting auction, long-term indicators hint the state's emissions reduction market could wind up stronger than ever
