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