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Massachusetts House passes clean energy bill with lower RPS, no carbon pricing

Published 18:47 on July 13, 2018  /  Last updated at 19:22 on July 13, 2018  /  Americas, Carbon Taxes, US  /  No Comments

The Massachusetts House of Representatives passed a weaker Renewable Portfolio Standard (RPS) increase on Thursday than a previous version approved by the Senate in June, while the upper chamber’s omnibus clean energy bill with carbon pricing did not come to a vote.

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New Hampshire refuses rehearing on cross-border hydroelectric line, operator to challenge

Published 16:51 on July 13, 2018  /  Last updated at 17:24 on July 13, 2018  /  Americas, Canada, US  /  No Comments

US-based electric utility Eversource will “pursue all available options” to build its international hydroelectric transmission line after a New Hampshire state committee on Thursday denied the company a rehearing on the project.

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NA Markets: California shrugs off data on Ontario permits as RGGI slows

Published 22:11 on July 12, 2018  /  Last updated at 23:04 on July 12, 2018  /  Americas, Canada, US  /  No Comments

US carbon prices moved in opposite directions this week, but the change in values and volumes was minimal in both markets as new WCI data was published and the holiday season neared its peak.

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California LCFS Roundup: Prices extend record highs ahead of quarterly data release

Published 18:27 on July 12, 2018  /  Last updated at 23:08 on July 12, 2018  /  Americas, US  /  No Comments

Average prices in California’s Low Carbon Fuel Standard (LCFS) continued to set new highs in June, as market participants await more information on credit figures from Q1 2018 and regulator ARB’s rulemaking package.

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Quebec issues first offsets in 2018 as compliance demand squeezes WCI market

Published 23:06 on July 11, 2018  /  Last updated at 23:38 on July 11, 2018  /  Americas, Canada, US  /  No Comments

Quebec’s environment ministry granted almost 41,000 offsets this week to seven landfill gas projects in its first issuance since Sep. 2017, as traders said this fall’s approaching WCI compliance deadline is creating a supply crunch throughout the market.

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California hits 2020 GHG reduction target four years early, though transportation bucking the trend

Published 22:43 on July 11, 2018  /  Last updated at 23:37 on July 11, 2018  /  Americas, Canada, US  /  No Comments

California has met its 2020 greenhouse gas emissions reduction target four years ahead of schedule, though like many other jurisdictions it reported steadily increasing CO2 output from its largest source: transportation.

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US carbon tax seen as more effective due to dropping electricity prices -study

Published 18:11 on July 11, 2018  /  Last updated at 18:11 on July 11, 2018  /  Americas, Carbon Taxes, US  /  No Comments

A nationwide carbon tax on the US electricity sector would yield more emissions reductions and fewer ratepayer impacts than previously thought thanks to falling prices for renewables and natural gas, according to an environmental think-tank.

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Washington DC omits carbon tax from clean energy bill

Published 23:15 on July 10, 2018  /  Last updated at 23:15 on July 10, 2018  /  Americas, Carbon Taxes, US  /  No Comments

An omnibus clean energy bill introduced by a Washington DC councilmember on Tuesday calls for the US capital to achieve a 100% Renewable Portfolio Standard (RPS) by 2032, but fails to include a carbon tax pushed for by campaigners this year.

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Ontario govt sets sights on repealing climate law, ditching emissions targets as lawmakers recalled

Published 22:03 on July 10, 2018  /  Last updated at 00:40 on July 11, 2018  /  Americas, Canada, US  /  No Comments

Ontario lawmakers have been recalled for a summer session to introduce “urgent legislation” to repeal the law that underpins the province’s now-cancelled cap-and-trade scheme, the new Progressive Conservative government announced Tuesday.

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Offset potential of California grasslands to exceed forests amid warming -study

Published 18:36 on July 10, 2018  /  Last updated at 00:03 on July 11, 2018  /  Americas, US  /  No Comments

California grasslands offer a better chance of sequestering carbon than forests under higher temperatures and more intense drought, which researchers say is critical for offset project developers and regulators to consider in meeting the state’s emission targets.

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