Carbon Allowances

6 days ago
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.
August 21, 2015, 7am PDT
California industries are buying offsets in lieu of purchasing carbon allowances or reducing carbon emissions, and most of the offsets are spent out-of-state, assisting the recipients economically as well as reducing greenhouse gas emissions.
KQED: California Report
February 4, 2015, 8am PST
The Republican chair of the Senate Transportation Committee is considering an 11.5-cent gas tax increase, setting up a potential conflict with Gov. Jay Inslee's preference to apply a carbon charge to industrial emissions to fund transportation.
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