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

February 22, 2013

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.”

Derek Walker, Associate Vice President, US Climate and Energy

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Environmental Defense Fund (edf.org), a leading national nonprofit organization, creates transformational solutions to the most serious environmental problems. EDF links science, economics, law and innovative private-sector partnerships. For more information, visit www.edf.org/california. Follow us on Twitter @EDF_CA and read our California blog, California Dream 2.0.