EDF Statement on Today’s Cap-and-Trade Auction Results

Contact: Joaquin McPeek, 916-492-7173, jmcpeek@edf.org

“Today’s results represent another successful chapter in California’s story of cutting pollution and moving towards a clean energy economy. The results also demonstrate that this is a strong, viable carbon market. California has been a pioneer for thinking big and putting bold policy into action, and today is another glowing example of that leadership.”

With more than 3 million members, Environmental Defense Fund creates transformational solutions to the most serious environmental problems. To do so, EDF links science, economics, law, and innovative private-sector partnerships to turn solutions into action. edf.org