04/10/2013 11:00 a.m. - 02:00 p.m.
Clean Technology and Environmental Permitting + Regulation
Morrison & Foerster LLP425 Market Street San Francisco, CA 94105
The California Air Resources Board (CARB) held the second quarterly Cap and Trade Carbon auction on February 19th, which revealed growing demand for carbon emission allowances. All 12.9 million allowances for use in 2013 were sold, at a clearing price of $13.62 per metric ton ($2.91 above the reserve price). This was up from the $10.09 price for 2013 allowances, the clearing price at the first auction on November 14th. Agrion’s December 12th expert panel discussion, “Lessons Learned from California’s First Cap and Trade Auction”, addressed many of the critical issues related to the first auction.
This second panel discussion will begin with a review of the second quarterly auction results and implications. Some of the subsequent questions which our panel will address include:
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