Carbon auction nets nearly $1 billion

Carbon auction nets nearly $1 billion In a major test of California’s crusade against climate change, California businesses spent another $935 million last week on greenhouse gas pollution permits, state officials said Tuesday. It was one of the most successful carbon...

California approves cap-and-trade market until 2030

California approves cap-and-trade market until 2030 California lawmakers voted to extend the state’s cap-and-trade program another 10 years on Monday night. The bill includes language that would gradually tighten restrictions on businesses, reducing the amount of...