European Union Parliament Rejects Cap-and-Trade Program Fix
On Tuesday, April 16, the European Union Parliament rejected an emergency fix to its cap-and-trade program that would temporarily remove some of the oversupply of carbon permits. Immediately following the vote, carbon prices dropped steeply, nearly 40%, hitting a record low of 2.63 euros/metric ton. (more…)
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California’s Cap and Trade Program Back on Track
Most advocates for action to address climate change cheered California’s Cap and Trade Program for greenhouse gases, but several advocacy groups raised concerns regarding the proposed program. (more…)
