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California carbon market sells 100% of allowances, following court judgement
26 May 2017The California and Québec cap-and-trade programme sold all of its carbon allowance for the first time since 2015, after renewed optimism in the market following the recent court judgement in its favour.
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California carbon market sells just 16.6% of allocation
02 March 2017California and Québec's carbon market collapsed again, with just 12.4 million, 16.6%, of the 74.8 million tonnes of allowances available at the Cap-and-Trade Program sold at last month's auction, at the 'floor price' of $13.57 a tonne.
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US carbon markets start the year at 'crossroads'
13 January 2017Both carbon markets in the US, the California Cap-and-Trade Program and the North East's Regional Greenhouse Gas Initiative (RGGI), enter 2017 at a crossroads, according to one industry expert.
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US carbon market falls following elections
10 November 2016The US carbon market fell following the victory of Donald Trump in the Presidential election. Prices of carbon in both the Regional Greenhouse Gas Initiative (RGGI) and the California cap-and-trade scheme dropped the day after the results were been announced.