California is ready to launch carbon trading platform next week:
all the 23.1 million permits sold out… each for $10.09/ton. There were 3 times as many bids as permits available. 300 companies participated, and the plan is to have 4 of these auctions per year.
Read more: http://www.sfgate.com/business/energy/article/California-sells-out-of-first-pollution-permits-4050288.php#ixzz2Cn6CA9yo
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