May 26, 2017, 7am PDT
A California state senator has proposed to overhaul California’s cap-and-trade system explains the changes he wants to see.
May 15, 2017, 2pm PDT
While California cap-and-trade survived a legal challenge last month, a haze still surrounds the program. Carbon permit sales are low, and the program's longevity is threatened after 2020. A new bill was introduced to transform the program.
December 30, 2012, 11am PST
Finding the right price for carbon is no easy task. It needs to be high enough to encourage industries to reduce their emissions, but not too high so as to cause them to move out-of-state or make them uncompetitive with non-California competitors.
The New York Times - Business Day - Energy & Environment
November 21, 2012, 12pm PST
It's official - for large industrial sources in California, the cost for emitting a ton of carbon dioxide or equivalent is $10.09 - nine cents above the minimum price set by the Air Board. That was the price paid at the first auction on Nov. 14.
November 20, 2012, 10am PST
California residential utility customers will receive a 'climate dividend', about $30 twice a year as part of the nation's first comprehensive 'cap & trade' program if the CA Public Utility Commission accepts a staff proposal at its Dec. 20 meeting,