California Cap-And-Trade Auction Sells Out (VIDEO)

SAN FRANCISCO — California sold out of the first pollution permits issued as part of a landmark offensive against greenhouse gases at an inaugural auction that regulators said Monday went smoothly.

The effort to curtail carbon emissions involved the sale of 23.1 million permits – each allowing for the release of one ton of carbon – for $10.09 apiece, the California Air Resources Board said.

Read More…
More on Climate Change


No Responses to “California Cap-And-Trade Auction Sells Out (VIDEO)”

Post a Comment