Emmett Institute on Climate Change & the Environment

Addressing California Cap-and-Trade Program’s Overallocation of Allowances: Testimony of Ann Carlson Before California’s Joint Legislative Committee on Climate Change Policies

Ann Carlson


On May 24, 2018, Ann Carlson testified before the California State Legislature's Joint Legislative Committee on Climate Change Policies. Carlson's testimony discussed how the committee might exercise oversight over the question of the potential overallocation of allowances in California's cap-and-trade program. Carlson identifies several goals of the cap-and-trade program and suggests that any solution to the overallocation problem may involve tradeoffs among these objectives. Read Carlson's testimony. Earlier this year, Carlson was appointed by the California Assembly to the Independent Emissions Market Advisory Committee.