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California’s second carbon auction exceeds expectations

Posted on 26 February 2013

Businesses in California paid slightly more than expected during the state’s second carbon auction, with emissions permits for this year selling at $13.62 (£8.99) per metric tonne.
California’s Air Resources Board on Friday confirmed that all of the nearly 13 million 2013 carbon permits sold at $2.91 above the $10.71 reserve price. Analysts said the results suggested the world’s second-largest carbon market is in rude health………………………………………..Full Article: Source


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