The International Emissions Trading Association (IETA) submitted last week detailed comments on proposed regulations to implement California’s carbon trading program under AB 32.
The comments seek to encourage sound market design to ensure companies can meet compliance at the lowest possible cost.
Evolution Markets fully supports IETA’s comments, which will be taken under consideration by the California Air Resources Board (ARB) during their rulemaking process. ARB plans to meet on December 16 and 17 to consider and potentially adopt the proposed rules. We will keep you apprised as this process continues.
If you have any questions regarding implementation of the AB 32 program or transacting in the emerging California carbon market please do not hesitate to contact our U.S. Carbon Markets team at either ghg@evomarkets.com or +1 415.963.9137/+1 914.323.0265.
The International Emissions Trading Association (IETA) submitted last week detailed comments on proposed regulations to implement California’s carbon trading program under AB 32.
The comments seek to encourage sound market design to ensure companies can meet compliance at the lowest possible cost.
Evolution Markets fully supports IETA’s comments, which will be taken under consideration by the California Air Resources Board (ARB) during their rulemaking process. ARB plans to meet on December 16 and 17 to consider and potentially adopt the proposed rules. We will keep you apprised as this process continues.
If you have any questions regarding implementation of the AB 32 program or transacting in the emerging California carbon market please do not hesitate to contact our U.S. Carbon Markets team at either ghg@evomarkets.com or +1 415.963.9137/+1 914.323.0265.