China reaches climate agreement with California

China reaches climate agreement with California China has reached an agreement to address its carbon emissions with assistance from the California Bay Area Council.   An international framework will be established so that both jurisdictions will be able to...

1.5 million California carbon allowances trade

1.5 million California carbon allowances trade   California carbon allowances to be delivered in 2013 saw a busy week of trading as nearly 1.5 million CCAs exchanged hands.   Prices for 2013 California carbon allowances were in the $12 range, where they have...

Oregon and Washing joining California

Oregon and Washing joining California In a move that may expand the scope of the California carbon market, Oregon, Washington, and British Columbia announced plans to coordinate their policies regarding climate change.   Governors from each state agreed that by...

California carbon allowances trading at $12.10

California carbon allowances trading at $12.10 California carbon allowances for delivery in 2013 saw prices remain steady as they closed the week at $12.10.   Volumes also remained high with 1 million vintage 2013 California carbon allowances exchanging hands....

Washington state mulling carbon market

Washington state mulling carbon market Washington state may be next in line to adopt a carbon market to address climate change.   Speaking to a group tasked with drafting a plan to reduce state emissions back to 1990 levels by 2020, Governor Jay Inslee indicated...

400,000 California carbon allowances trade

400,000 California carbon allowances trade Over 400,000 California carbon allowances for delivery in 2013 exchanged hands in steady volumes over the week.   Prices for 2013 vintage California carbon allowances continued to hover around $12.   With the year...