Latest Calif. Cap-And-Trade Auction Sells Out Emissions Credits, Reaping State Hundreds Of $MIllions

Aug 23, 2017

Credit asmdc.org

California's signature climate change program, cap-and-trade, passed its first test since lawmakers extended the program last month.  The state's quarterly auction of pollution allowances -- which give companies the right to release emissions -- sold out.  Capital Public Radio's Ben Bradford reports.