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Focus (Forum & Focus)

Sep. 19, 2008

A Thinking Cap

California officials have proposed that the state take a gradual approach to greenhouse gas emissions allowance auctions in regulating the electric industry, writes Salman Alam. - Focus Column

FOCUS COLUMN

By Salman Alam

Officials from the California Energy Commission and the California Public Utilities Commission have proposed that California take a gradual approach to greenhouse gas emissions allowance auctions in regulating the electric industry, instead of establishing a 100 percent auction of all credits at the outset of its cap-and-trade model. Though seemingly mundane, this development in the power sector will likely set critical...

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