California Emissions Credit Prices Increase in Early 2022 Auction

Credit to Author: U.S. Energy Information Administration| Date: Thu, 07 Apr 2022 03:40:32 +0000

In its first quarterly auction of 2022, emissions credits in the joint California-Quebec allowance auction sold for $29.15 per metric ton of carbon dioxide equivalent, or nearly $10 per metric ton more than the minimum price for allowances. Emissions credits sold in this market can be used to comply with California’s cap-and-trade program, which covers […]

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