The price of carbon under the California Cap-and-Trade program (California CaT) was 38.6 U.S. dollars per metric ton (USD/tCO₂e) on April 1, 2024. By comparison, carbon permits on April 1, 2021 were less than 20 USD/tCO₂e. The California CaT covers the transportation, buildings, industry, and power sectors, and is a key element of California's greenhouse gas emissions reductions strategy.
Carbon prices trends for the California Cap-and-Trade program on April 1, from 2012 to 2024
(in U.S. dollars per metric ton of CO₂ equivalent)
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World Bank. (May 20, 2024). Carbon prices trends for the California Cap-and-Trade program on April 1, from 2012 to 2024 (in U.S. dollars per metric ton of CO₂ equivalent) [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1471086/carbon-prices-for-california-cat-program/
World Bank. "Carbon prices trends for the California Cap-and-Trade program on April 1, from 2012 to 2024 (in U.S. dollars per metric ton of CO₂ equivalent)." Chart. May 20, 2024. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1471086/carbon-prices-for-california-cat-program/
World Bank. (2024). Carbon prices trends for the California Cap-and-Trade program on April 1, from 2012 to 2024 (in U.S. dollars per metric ton of CO₂ equivalent). Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1471086/carbon-prices-for-california-cat-program/
World Bank. "Carbon Prices Trends for The California Cap-and-trade Program on April 1, from 2012 to 2024 (in U.S. Dollars per Metric Ton of Co₂ Equivalent)." Statista, Statista Inc., 20 May 2024, https://www.statista.com/statistics/1471086/carbon-prices-for-california-cat-program/
World Bank, Carbon prices trends for the California Cap-and-Trade program on April 1, from 2012 to 2024 (in U.S. dollars per metric ton of CO₂ equivalent) Statista, https://www.statista.com/statistics/1471086/carbon-prices-for-california-cat-program/ (last visited December 30, 2024)
Carbon prices trends for the California Cap-and-Trade program on April 1, from 2012 to 2024 (in U.S. dollars per metric ton of CO₂ equivalent) [Graph], World Bank, May 20, 2024. [Online]. Available: https://www.statista.com/statistics/1471086/carbon-prices-for-california-cat-program/
