California holds mock carbon allowance auction

California holds mock carbon allowance auction California took another step towards launching its carbon market as it held a mock allowance auction this Thursday, August 30. The mock California carbon allowance (CCA) auction was held by the state’s Air Resources Board...

California carbon trading at $16.30

California carbon trading at $16.30 Prices for California carbon allowances (CCAs) closed at $16.30 this week, as 40,000 CCAs traded over the Intercontinental Exchange. Trading volume was down as market participants observed the mock CCA auction that was held on...

Obama targets industrial energy efficiency

Obama targets industrial energy efficiency President Obama has issued an executive order setting a target to produce 40 gigawatts (GW) of combined heat and power energy by 2020. The announcement demonstrates the Obama administrations focus on renewable energy...

Nuclear plant closure boosts California carbon demand

Nuclear plant closure boosts California carbon demand The San Onofre nuclear power plant, located near San Diego California, looks to be facing a long-term suspension of operations. The facility went off-line in January after a leak was discovered in one of the steam...

California carbon trading at $16.75

California carbon trading at $16.75 In a busy week, California carbon allowances closed at $16.75 each, with 105,000 CCAs trading over the Intercontinental Exchange. The California carbon market continued to see high prices as businesses prepare for the November, 14...