Mercury News: State regulators on Monday celebrated the results of last week's first-ever auction of California greenhouse gas emission permits, declaring the long-awaited kickoff to the nation's first effort to put a price on carbon pollution a success. The state did not disclose how many companies participated in the historic auction. But there were three times as many bidders than buyers, a sign that the business community is taking the new carbon market seriously. A ton of carbon sold for $10.09 at the...
URL: http://www.mercurynews.com/business/ci_22028077/californias-first-cap-and-trade-auction-sells-out
Enclosure: http://extras.mnginteractive.com/live/media/site568/2012/1119/20121119_022453_1119captrade_GALLERY.jpg
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