Compare ETS

Use this function to compare the design elements and characteristics of up to three ETSs from around the world.

Image
Three chimneys and a mountain rise out of the clouds.
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Official name of scheme

USA - California Cap-and-Trade Program

ETS Status
in force
Jurisdictions
California
Start of operation (year)
2012
Sectoral coverage
Transport
Buildings
Industry
Power
Allocation
Free allocation: Benchmarking, Free allocation with consignment, Auctioning
Offsets and credits
Domestic
Cap
280.7 MtCO2e (2024)
GHGs covered
CO2, CH4, N2O, SF6, HFCs, PFCs, NF3, and other fluorinated GHGs.
Average auction price
USD 32.93
Total revenue since beginning
USD 26.97 billion
Total revenue
USD 4.72 billion

General Information

Emissions & Targets

Size & Phases

Allowance Allocation & Revenue

Flexibility & Linking

Compliance

Market Regulation

Other Information

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Official name of scheme

USA - Regional Greenhouse Gas Initiative (RGGI)

ETS Status
in force
Jurisdictions
Connecticut
Delaware
Maine
Maryland
Massachusetts
New Hampshire
New Jersey
Rhode Island
Vermont
New York
Start of operation (year)
2009
Sectoral coverage
Power
Allocation
Auctioning
Offsets and credits
Domestic (within RGGI states only)
Cap
69 million short tons CO2 or 63 MtCO2 (2024)
GHGs covered
CO2
Average auction price
USD 12.81
Total revenue since beginning
USD 7,160 million
Total revenue
USD 1,265 million

General Information

Emissions & Targets

Size & Phases

Allowance Allocation & Revenue

Flexibility & Linking

Compliance

Market Regulation

Other Information