Clik here to view.
Price Containment in California’s Carbon Market: a Difficult ARBitrage
On June 25, 2013, while the world was watching President Obama give a historical allocution on climate change, California emitters and regulators were absorbed in a nerdy and fascinating discussion on...
View ArticleFourth Auction Preview
California is gearing up for its fourth auction in a context of bearish sentiment and regulatory uncertainty. Prices on the California market dropped below $14/ton late July for the first time in...
View ArticleSmooth Sailing for California Cap-and-Trade
The launch of the California carbon market was watched with much scrutiny worldwide and in the United States. California is the 12th largest economy in the world, and its cap-and-trade program, with a...
View ArticleClik here to view.
Outlook for the Fifth California Carbon Auction
We expect the 5th auction for California carbon allowances will see fewer bidders, a lower ratio of bids to supply, and a lower clearing price than previous auctions. These are normal developments for...
View ArticleClik here to view.
Quebec’s First Carbon Auction: A Gentle Warm-Up
Quebec’s first auction took place on Tuesday, December 3rd and results were published on Friday, December 6th. The auction regulations are largely similar to California’s, and this was the sole...
View ArticleClik here to view.
Politics of Carbon Auction Proceeds – The Battle Ahead
Carbon and the California Budget The Governor’s office is busy preparing its proposal for the 2014/15 budget, which is due to the legislature by January 10th. After years of ongoing budgetary crisis,...
View ArticleOutlook for 2014 California Cap-and-Trade: Politics Take the Center Stage
After a year of incremental regulatory action, 2014 promises to be a year ripe in political developments for California’s cap-and-trade program and climate policy in general. From Sacramento to...
View Article
