… one metric ton of carbon dioxide is what’s produced by an average month of electricity use in a U.S. home.
— Troeh (2012): California’s first carbon auction launches pollution market on Marketplace.
California recently auctioned off a set of carbon emission permits as the start of an effort to reduce emissions of greenhouse gasses with an emissions trading system.
The first 23.1 million permits sold out at $10.09 per ton.
Eve Troeh discusses: