Media

“Snub from Ontario doesn’t dampen Calif. auction,” E&E News

“The number of allowances offered for sale at auction right now is significantly higher than covered emissions are going to be. When people buy all of the allowances, oversupply is growing because we’re offering more allowances than people need in the short term.” Covering California’s cap-and-trade market, E&E News spoke with Near Zero’s Danny Cullenward.

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