How California is channelling carbon market revenues into green vehicles, clean air, and methane reductions

Madeleine Cuff
clock • 5 min read

Last-minute deal breaks political stalemate to deliver $900m to programmes to cut greenhouse gases

The EU's carbon market may be spluttering, with carbon plummeting to its lowest price in more than three years on Friday, but elsewhere in the world there are signs carbon trading systems are finally demonstrating...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Carbon Trading

 Microsoft inks wastewater carbon removal deal with Crew Carbon

Microsoft inks wastewater carbon removal deal with Crew Carbon

Tech giant joins JP Morgan, Google, and Stripe in backing patented wastewater alkalinity enhancement firm

clock 07 August 2026 • 2 min read
PayPal expands net zero strategy with carbon removal portfolio

PayPal expands net zero strategy with carbon removal portfolio

Payment platform partners with 3Degrees to build high-integrity removals portfolio as part of net zero strategy

clock 05 August 2026 • 2 min read
'The geopolitical and economic context has changed': EU confirms major carbon market shake-up

'The geopolitical and economic context has changed': EU confirms major carbon market shake-up

European Commission sets out plan to ease carbon costs for industry and unveils Electrification Action Plan - but campaigners fear reforms could slow pace of decarbonisation

James Murray
clock 17 July 2026 • 7 min read