EDF: May 2016 auction results show an ongoing lawsuit challenging California's cap-and-trade programs allowance auctions is likely impacting market dynamics, but the market is proving resilient. Image Source: Wikipedia
The results of California and Quebecs latest carbon auction show that an ongoing lawsuit challenging the cap-and-trade programs allowance auctions is likely impacting market dynamics, but that Californias market is proving resilient, in part due to the strength of its design.
The...