Tag: Auction

New Lawsuit Challenges California’s Cap and Trade Auctions

The California Air Resources Board (CARB) is facing another legal challenge to its cap and trade program – Morning Star Packing Co. v. California Air Resources Board (Sacramento Superior Court case no. 34-2013-80001464, filed April 16, 2013).  A coalition of twelve companies, trade associations, and individuals filed the new lawsuit on Tuesday, challenging the legality … Continue Reading

California Air Resources Board Issues Results of Quarterly Cap and Trade Allowance Auction

On February 19, 2013, the California Air Resources Board held its second auction of greenhouse gas (GHG) emission allowances for its Cap and Trade Program.  This was the first quarterly auction for 2013; the first auction was held November 14, 2012.  All ‘covered entities’ – GHG emitters regulated under Cap and Trade – were eligible … Continue Reading
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