Regulators Propose More Free Allowances For Industries Under Cap-and-Trade Program

摘要

Petroleum refining could be among several industrial sectors to receive additional free emissions allowances, or permits, under proposed changes outlined July 19 by state regulators to California's greenhouse gases cap-and-trade program. The proposed amendments presented by the California Air Resources Board at a workshop in Sacramento would make dozens of other revisions to the economy-wide trading program that got under way Jan. 1. Many of the changes mark an effort to fine-tune administration and monitoring of the program, while other revisions grew out of directives from CARB's governing board in 2012 to ease the program's economic impact on California businesses.