Chevron’s refinery in Richmond and other industrial facilities must purchase allowances to emit carbon dioxide via the state’s cap-and-trade program, but uncertainty about its future and a glut of allowances have had a major downward impact on the state’s quarterly auctions.
Chevron’s refinery in Richmond and other industrial facilities must purchase allowances to emit carbon dioxide via the state’s cap-and-trade program, but uncertainty about its future and a glut of allowances have had a major downward impact on the state’s quarterly auctions. Paul Sakuma Associated Press file
Chevron’s refinery in Richmond and other industrial facilities must purchase allowances to emit carbon dioxide via the state’s cap-and-trade program, but uncertainty about its future and a glut of allowances have had a major downward impact on the state’s quarterly auctions. Paul Sakuma Associated Press file
Dan Walters

Dan Walters

Observations on California and its politics

California cap-and-trade emission auctions could face bleak future

June 20, 2016 4:12 PM

Comments

More Videos

The rules for growing marijuana in Sacramento 1:48

The rules for growing marijuana in Sacramento

Bannon tells California Republicans that nothing is more important than winning 0:54

Bannon tells California Republicans that nothing is more important than winning

How rookies Reuben Foster, C.J. Beathard, Solomon Thomas can make impact vs. Cowboys 1:21

How rookies Reuben Foster, C.J. Beathard, Solomon Thomas can make impact vs. Cowboys

Banned books that shaped American literature 2:08

Banned books that shaped American literature

Take a trip down memory lane for SMF’s 50th anniversary 1:33

Take a trip down memory lane for SMF’s 50th anniversary

'Every house is gone and the school is all that's left,' says Sonoma schools leader 1:13

'Every house is gone and the school is all that's left,' says Sonoma schools leader

ARC offensive-line recruit Caleb Tremblay talks about visiting Alabama 1:28

ARC offensive-line recruit Caleb Tremblay talks about visiting Alabama

Kevin McCarthy denounces Iran nuclear deal 0:40

Kevin McCarthy denounces Iran nuclear deal

Watch Placer County Sheriff arrest two Truckee men suspected of statutory rape 0:23

Watch Placer County Sheriff arrest two Truckee men suspected of statutory rape

California wildfires in pictures: 7 days of devastation and struggle 1:06

California wildfires in pictures: 7 days of devastation and struggle

  • Dan Walters: Big election, but most people 'could care less'

    The Sacramento Bee's Dan Walters is excited that for the first time in a long time Californians were actually treated to a full blown presidential campaign, with all nominees from both parties campaigning up and down the state. Despite California voters actually being treated like they mattered, it still seems as if most people 'could care less.'

About This Blog


Dan Walters' column appears in dozens of California newspapers. He joined the Sacramento Union’s Capitol bureau in 1975 and in 1981 began writing the state’s only daily newspaper column devoted to California political, economic and social events. He and the column moved to The Sacramento Bee in 1984. Contact him at dwalters@sacbee.com or 916-321-1195. Twitter: @WaltersBee