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