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Copyright
© Maarten van den Heuvel / Unsplash
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
294.1 MtCO2e (2023)
GHGs covered
CO2, CH4, N2O, SF6, HFCs, PFCs, NF3, and other fluorinated GHGs.
Average auction price (2022)
USD 28.08
Total revenue since beginning
USD 22.25 billion
Total revenue (2022)
USD 4.03 billion