California’s cap-and-trade system is a nascent market which is still defining and coming to terms with the various ideas and concepts that are in constant interaction. State of the California Cap-and-Trade Market 2013/14 is hence a roadmap to the main design features of the program, and to how their implementation has worked out in practice.
Commenting on the launch, Mr Nitin Tanwar, Founder & CEO of Climate Connect said, "California has demonstrated exceptional leadership by launching a robust carbon market. We hope this report serves as a ready reckoner for participants to take a stock of where the market stands today and opportunities it presents in future.”
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Californiacarbon.info, a news, data and analysis website focused on carbon markets in California, is operated by Climate Connect Ltd, an online media firm headquartered in London. Founded in 2010, Climate Connect Ltd has offices in London and New Delhi. Californiacarbon.info is advised by a distinguished Board of Advisors based in Bay Area and New Hampshire that have over 40 years of cumulative experience in carbon markets and online media, and has a dedicated editorial, IT and research desk to support the work.