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United States2023-12-08en

Cap-and-Trade Program Vintage 2024 Allocation Summary

Summary

California's Cap-and-Trade Program addresses greenhouse gas emissions by allocating tradable allowances to various sectors. This document summarizes the vintage 2024 allowance allocation, detailing how 139,935,963 allowances were distributed among 213 facilities and sectors, including specific deductions for past emissions. The program is currently in progress, with this report serving as a transparent update on its allowance distribution mechanism.

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