CARB releases summary of results of first CO2 cap-and trade auction; CPUC proposes how to use the revenues
Green Car Congress
NOVEMBER 20, 2012
Of 39,450,000 allowances for the Advance Auction (2015 Vintage), 5,576,000 were sold with a settlement price of $10 (same reserve price). That means new jobs, cleaner water and air—and a working model for other states, and the nation, to use as we gear up to fight climate change and make our economy more competitive and resilient.
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