New Hampshire RGGI bill would eliminate withdrawal clause, alter revenue use
A New Hampshire state representative released a bill Friday that would eliminate language to selectively withdraw the state from the RGGI market, while also proposing to funnel auction revenues from the programme back to energy efficiency projects.
Read MoreMexico intends to start pilot ETS in 2020
Mexico intends to open public consultation on its pilot cap-and-trade programme in the coming months as it works towards a 2020 start date, an environment ministry official told Carbon Pulse.
Read MoreMassachusetts lawmakers unveil updated carbon pricing, clean energy bill
Two Massachusetts legislators introduced an omnibus clean energy bill this week that includes a market-based carbon pricing mechanism and more ambitious GHG targets after similar measures failed during the US state’s 2018 rulemaking session.
Read MoreWashington state senator circulates WCI-modelled cap-and-trade outline
A Washington state senator is floating an outline of potential cap-and-trade legislation that would enable the state to link with WCI and includes many of the same provisions and design mechanisms as the California and Quebec markets.
Read MoreNA Markets: RGGI allowances plummet by double digits as WCI prices tick up
RGGI allowance (RGA) prices fell by double digits this week as activity finally returned to the secondary market, while California Carbon Allowance (CCAs) separated from the 2019 price floor amid a surge in buying.
Read MoreFormer US Fed chiefs, economists endorse conservative carbon tax strategy
A group of former heads of the US Federal Reserve, Nobel Prize-winning economists, and past presidential advisors called for a revenue-neutral US carbon tax on Thursday, coming as the appetite for climate action in Washington DC builds in the new Congress.
Read MoreProlonged US govt shutdown could delay E15, RFS reform proposals
The US EPA’s plan to propose the year-round sale of 15% ethanol blends and reforms to the Renewable Fuels Standard (RFS) could be delayed if the federal government shutdown drags on for a prolonged period, acting agency chief Andrew Wheeler said Wednesday during his senate confirmation hearing.
Read MorePG&E bankruptcy unlikely to greatly alter WCI emissions, experts say
California utility Pacific Gas & Electric’s (PG&E) possible bankruptcy is unlikely to dramatically alter power sector emissions or the supply-demand balance in the WCI cap-and-trade programme despite potentially dampening renewable energy growth, two climate researchers told Carbon Pulse.
Read MoreMontana legislators float two carbon tax bills
Two Montana state representatives have introduced separate CO2 tax proposals, with one bill utilising offsets as a compliance option and the other setting GHG targets for the US state.
Read MoreMassachusetts state senator renewing push for carbon pricing, LCFS
A Massachusetts state senator will once again pursue legislation to implement an economy-wide carbon pricing scheme and a low-carbon fuel standard (LCFS) amid increasing support from the executive branch and regional partners to install market-based systems to reduce emissions.
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