CALIFORNIA CAP-AND-INVEST PROGRAM SUMMARY OF CALIFORNIA-QUEBEC JOINT AUCTION SETTLEMENT PRICES AND RESULTS

Summary

California addresses the challenge of reducing greenhouse gas emissions through its Cap-and-Invest Program. This program implements a cap-and-trade system via regular joint auctions of emission allowances with partner jurisdictions such as Quebec. The initiative is currently in progress, with quarterly auction results showing fluctuating settlement prices and consistent allowance sales.

Key Facts

Source Document

https://example-government.gov/policy-document-link