Feb
19
2025
News Article
Politico: Carbon Markets Gone Wild
Politico: Carbon Markets Gone Wild
CARBON JITTERS: Pour one out for California’s carbon traders, who are really going through it right now.
What appears to be an administrative hiccup in California’s emissions market for transportation fuels is jolting markets and reinflaming a bitter debate over a climate program with a potentially high price tag.
The California Air Resources Board said late Thursday that the state’s Office of Administrative Law rejected amendments to its low-carbon fuel standard, which the board approved in November.