Pennsylvania set to perform external analysis on economy-wide ETS, extending timeline to 2020
Pennsylvania’s Department of Environmental Protection (DEP) will partner with outside consultants to model the economic effects of implementing a cap-and-trade programme, likely extending the timeline on whether to advance a green group-backed petition until at least 2020, an environmental source told Carbon Pulse.
Read MoreUK set to host 2020 UN climate talks after Italy backs bid
The British and Italian governments have agreed to partner on a proposal to co-host the 2020 UN climate talks, clearing the way for the UK to host the main summit, known as COP26.
Read MoreUPDATE – Oregon House sends on ETS legislation after marathon session
Oregon’s House of Representatives on Monday, after hours of Republican opposition, approved a cap-and-trade bill that would allow the state to link to the WCI carbon market, though the legislation may face a tougher time in the Senate from members of the chamber’s Democratic majority.
Read MoreUS Supreme Court rules against Virginia Republicans ahead of key statewide election
The US Supreme Court (SCOTUS) opted Monday to dismiss a case challenging the Virginia House of Delegates’ re-drawn voting map, potentially giving Democrats an upper hand as they hope to capture a majority in the chamber and give the state a path to join the northeast US RGGI carbon market.
Read MoreNew York governor, legislature reach compromise on omnibus climate bill
New York Governor Andrew Cuomo (D) and the state legislature forged a compromise this weekend on an omnibus climate bill that now features weaker GHG targets, stronger zero-carbon electricity requirements, and softer language related to implementing an ETS or CO2 tax.
Read MoreNew Jersey adopts regulation to join RGGI in 2020
New Jersey approved its RGGI regulation with few changes from a prior draft on Monday, enabling the state to rejoin the northeast US power sector carbon market next year.
Read MoreCalifornia’s IEMAC outlines potential carbon surplus calculations and remedy options
California’s Independent Emissions Market Advisory Committee (IEMAC) at its Friday meeting outlined a potential metric methodology to determine the exact number of surplus allowances in the WCI-linked cap-and-trade programme, and it intends to ask state regulator ARB about the feasibility of that calculation.
Read MoreCalifornia ETS advisory group member resigns in career move
A California Independent Emissions Market Advisory Committee (IEMAC) member has resigned his post with the ETS monitor after taking a new position at the state’s Independent System Operator (CAISO), the chair of the committee said Friday.
Read MoreUS Carbon Pricing Roundup for week ending June 14
A summary of legislative and regulatory action on carbon pricing and clean energy at the US subnational and federal level taken this week, including a New Jersey plan to get to 100% carbon-free energy, Nevada finalising legislation to coordinate GHG reduction policies, and Maine passing a state-level ‘Green New Deal’ and rejecting proposals related to a cross-border hydro line.
Read MoreNew Jersey to finalise RGGI cap-and-trade amendments this month, report says
New Jersey will complete its cap-and-trade amendments for the northeast US RGGI programme this month, setting up Garden State entities to participate in the Mar. 2020 auction, according to the state’s Energy Master Plan (EMP).
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