Investors and businesses may be holding back in today’s market, waiting to see if they’ll need to buy more emission allowances to use after 2020, said UC Davis economics professor James Bushnell.  “People should still expect to buy permits sooner or later, but it appears they want to do it later,” he said.

Institute of Transportation Studies

University of California, Davis

1605 Tilia Street, Davis, CA 95616

Privacy & Accessibility   |   Diversity, Equity, and Inclusion   |   Questions or comments?

Media inquiries:
itsmedia@ucdavis.edu