Energy and Environment

$330M spent at California carbon-permit auction

By Associated Press
Published February 26, 2014 5:00am ET
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$330M spent at California carbon-permit auction
The Sacramento Bee reports industrial firms and others bought emissions allowances that can be used this year and in 2017. | agafapaperiapunta

SACRAMENTO, Calif. (AP) — State officials say California’s latest carbon-permit auction has raised nearly $330 million.

The Sacramento Bee reports industrial firms and others bought emissions allowances that can be used this year and in 2017.

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Associated Press California