California’s ETS makes encouraging headway

California's ETS completely sold-out of future-dated permits at a recent auction. An encouraging sign this scheme is here to stay.

As the federal government gets started implementing a national Climate Action Plan, the country’s boldest state-level experiment is making strong progress. Yesterday, California announced the results of its latest auction of carbon pollution permits, completely selling out of its permits for future carbon pollution for the first time. The increased demand for these pollution permits reflects an encouraging development: Confidence in California’s climate action program is growing, and its long-term future is becoming more and more certain.

How California’s Cap-and-Trade Program Works

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles