November 17, 2016 by Harry Horner
In light of recently released 2015 covered emissions data for Californian entities, emissions covered under CP1 registered a decline of 4.74% as compared to last year. The combined CP1 and CP2 covered emissions registered a fall of 0.72% between 2014 and 2015.
This decline is in line with CalifoniaCarbon.info’s 2015 emissions forecast, however the rate of decline is lower than our forecast expected due to a jump in emissions from fuel suppliers. For combined CP1 and CP2 covered emissions, the deviation stands at 1% in favour of the upper limit.