In this podcast, Argus Air Daily editor Michael Ball and US West Coast carbon reporter Denise Cathey discuss the latest updates around California’s cap-and-trade program. This program is at a critical juncture as state legislators eye a potential extension of the program from 2030 out to 2045 this session while market participants remain in limbo waiting for details on the California Air Resources Board long-delayed rulemaking to increase stringency.

Key topics covered in the podcast:

Why the delay in California’s plan for a more ambitious cap-and-trade program?
Legislature vs. Governor Gavin Newsom, whose reauthorization plan will win?
What delays in California mean for carbon markets in Quebec and Washington

Are you there CARB? It’s me, Carbon