Los Angeles TimesCalifornia cap-and-trade auction falls far short, delivering blow to state revenue and bullet train financingLos Angeles TimesThe latest auction in California's cap-and-trade market for greenhouse gases fell sharply below expectations, as buyers purchased just 2% of the carbon credits whose sale funds a variety of state programs -- notably, the proposed high-speed rail project.California sells 11 pct of carbon permits offered at May auctionReutersDemand plummets for California pollution creditsMonterey County HeraldCalifornia carbon emission auction proceeds fall shortSacramento BeeEnvironmental Defense Fund (blog) -Carbon Pulse (subscription)all 8 news articles »