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.”

One of the world’s leading international nonprofit organizations, Environmental Defense Fund (edf.org) creates transformational solutions to the most serious environmental problems. To do so, EDF links science, economics, law, and innovative private-sector partnerships. With more than 3 million members and offices in the United States, China, Mexico, Indonesia and the European Union, EDF’s scientists, economists, attorneys and policy experts are working in 28 countries to turn our solutions into action. Connect with us on Twitter @EnvDefenseFund

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