This blog was co-authored by Delia Novak, Western States Climate Policy Intern, U.S. Region
Results of the latest Western Climate Initiative auction were released today, and while the solid demand for allowances indicates a stable market, there are hints of uncertainty about next steps for the cap-and-trade program. Now that the California Air Resources Board has a new Climate Change Scoping Plan in place, the state has key opportunities this year to strengthen this marquee climate program and to consider joining forces with other states.