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Air Resources Board Chairman Mary D. Nichols on California's first cap-and-trade auction


By: Air Resources Board

SACRAMENTO, Calif. Nov. 19, 2012 - At noon today the results of California's first auction under the cap-and-trade program were released. The following is a statement by California Air Resources Board Chairman Mary D. Nichols.

"The auction was a success and an important milestone for California as a leader in the global clean tech market. By putting a price on carbon, we can break our unhealthy dependence on fossil fuels and move at full speed toward a clean energy future. That means new jobs, cleaner water and air -- and a working model for other states, and the nation, to use as we gear up to fight climate change and make our economy more competitive and resilient."

The complete results of the November 14, 2012 auction can be found at: http://www.arb.ca.gov/cc/capandtrade/auction/auction.htm


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