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Challengers Double Down on Opposition to California’s Carbon Allowance Auctions

A second lawsuit has been filed challenging one of the centerpieces of California’s innovative cap-and-trade climate change regulatory program: the auction process implemented by the California Air Resources Board (CARB) to...more

4/25/2013 - California Air Resources Board Cap-and-Trade Carbon Auctions Carbon Emissions Standing

Picking Up Steam? CARB Reports that California’s Second Carbon Auction Exceeds Price Expectations

California’s second auction of greenhouse gas (GHG) allowances exceeded expectations, with allowances clearing above both the reserve price and the price predicted by leading market analysts. All of the 12.9 million...more

2/26/2013 - CARB CARB Allowances Carbon Auctions Greenhouse Gas Emissions

Court Rejects Challenge to California’s Cap-and-Trade Carbon Offset Program

On January 25, 2013, a California state court rejected a challenge to an important component of California’s cap-and-trade scheme, its emission offset program. In the first legal decision regarding the program since its...more

1/31/2013 - Cap-and-Trade CARB Climate Change Forest Protocol Greenhouse Gas Emissions Livestock Protocol Set Off

CARB Restates Its Cap-and-Trade Auction Results

Last week the California Air Resources Board (CARB) issued an update to its November 19, 2012 report summarizing the results of the State of California’s first auction of greenhouse gas emissions allowances. The results in...more

12/11/2012 - California Air Resources Board Cap-and-Trade Greenhouse Gas Emissions

California Drops the Hammer on First Carbon Auction Despite New Lawsuit

The California Air Resources Board (CARB) proceeded today with the inaugural carbon allowance auction for its impending “cap-and-trade” greenhouse gas (GHG) emissions regulation program, despite a lawsuit filed yesterday by...more

11/15/2012

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