California cap-and-trade revenue

How California could surpass $1 billion in cap-and-trade auction revenue by 2013

Last week I did a series of posts examining the amount and  potential price ranges for allowances in California’s upcoming cap-and-trade auctions for greenhouse gas emissions (GHGs). Knowing the estimated auction clearing price plus the estimated number of allowances to be sold at auction tells us the estimated revenue from that auction. Several estimates of …