By:
Jason Dearen
11/19/12 9:32 PM
California has sold out of the first pollution permits issued at an inaugural auction as part of a landmark offensive against greenhouse gases, regulators said Monday, adding that the sale went smoothly.
The effort to curtail carbon emissions involved the sale of 23.1 million permits — each allowing for the release of 1 ton of carbon — for $10.09 apiece, the California Air Resources Board said.
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