EI’s Chris Busch is quoted in an article discussing the first quarterly 2018 auction of carbon allowances in the Western Climate Initiative cap-and-trade market.
First Tripartite WCI Auction Sells Out At Slight Premium To Floor Price
Daily Archives: February 28, 2018
Western Climate Initiative Cap-And-Trade Auction Nets Record Sales, But Raises Long-Term Concerns
California’s February 2018 quarterly cap-and-trade auction broke its own record for number of allowances sold, but the auction heightens long-term concerns that polluters are building up a cushion of banked allowances today to comply with stricter emissions rules in future years.