• 5 June 2025

In this podcast, Argus Air Daily editor Michael Ball and US West Coast carbon reporter Denise Cathey discuss the latest updates around California’s cap-and-trade program. This program is at a critical juncture as state legislators eye a potential extension of the program from 2030 out to 2045 this session while market participants remain in limbo waiting for details on the California Air Resources Board long-delayed rulemaking to increase stringency.

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Key topics covered in the podcast:

  • Why the delay in California’s plan for a more ambitious cap-and-trade program?
  • Legislature vs. Governor Gavin Newsom, whose reauthorization plan will win?
  • What delays in California mean for carbon markets in Quebec and Washington

Speakers:

  • Denise Cathey, Reporter, Argus
  • Michel Ball, Editor, Argus