Offset Supply to Drive Western Climate Initiative, Analysts Say · Environmental Management & Energy News · Environmental Leader
Offset supply will be the main long-term allowance price driver after California and Quebec link their emissions trading programs next year to form the Western Climate Initiative single carbon market, according to market intelligence service Thomson Reuters Point Carbon.
Both the California and Quebec electricity sectors have relatively low emissions. This means that nearly half of the WCI’s covered emissions will have to come from transportation, Point Carbon says.
03 Apr 2012 10:56
U.S.-based exchange operator CME Group has increased its equity stake in emissions bourse GreenX to…