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Virginia House passes RGGI bills with Democratic dissent

Published 21:49 on February 11, 2020  /  Last updated at 22:45 on February 11, 2020  /  Americas, US  /  No Comments

The Virginia House of Delegates approved two bills on Tuesday to implement the state’s RGGI-modelled power sector ETS regulation with state-run allowance auctions, but several progressive Democrats broke ranks to oppose the legislation as it heads to the Senate.

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RGGI states likely to approve Pennsylvania’s bank adjustment mechanism, sources say

Published 21:46 on February 10, 2020  /  Last updated at 01:37 on February 11, 2020  /  Americas, US  /  No Comments

Existing RGGI states will likely support Pennsylvania’s plan to include an allowance adjustment mechanism at the end of ETS compliance periods because it mirrors carbon market language adopted by New Jersey, regulatory sources said.

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Oregon Democrats working to advance carbon market legislation as GOP opposition intensifies

Published 20:59 on February 10, 2020  /  Last updated at 22:17 on February 10, 2020  /  Americas, Canada, RINs & LCFS, US  /  No Comments

Oregon Democrats intend to send a WCI-modelled cap-and-trade bill out of committee later this week amid a slew of Republican amendments and growing fears of a second consecutive GOP walkout.

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Oregon Clean Fuels Program notches record credit total in Q3 2019

Published 22:20 on February 7, 2020  /  Last updated at 22:20 on February 7, 2020  /  Americas, RINs & LCFS, US  /  No Comments

The Oregon Clean Fuels Program (OCFP) recorded its largest ever credit generation total during the third quarter of 2019 on a torrent of renewable diesel, state data released on Thursday showed.

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US Carbon Pricing Roundup for week ending Feb. 7, 2020

Published 20:30 on February 7, 2020  /  Last updated at 20:30 on February 7, 2020  /  Americas, Carbon Taxes, US  /  No Comments

A summary of legislative and regulatory action on carbon pricing and clean energy at the US subnational and federal level taken this week, including developments in Washington, Virginia, New York, and Rhode Island.

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Court rejects California’s request for delays in DOJ lawsuit challenging ETS linkage

Published 15:58 on February 7, 2020  /  Last updated at 18:00 on February 7, 2020  /  Americas, Canada, US  /  No Comments

A federal judge on Thursday turned down a California petition to delay the timeline for a US Department of Justice (DOJ) lawsuit challenging the state’s cap-and-trade linkage with Quebec, setting up a critical hearing next month.

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NA Markets: CCAs continue bullish trend with speculative purchases, RGGI falls on emissions data

Published 22:48 on February 6, 2020  /  Last updated at 22:49 on February 6, 2020  /  Americas, Canada, US  /  No Comments

California Carbon Allowance (CCA) prices rose for the second consecutive week as speculators continued to take long positions on the back end of the curve, while RGGI Allowances (RGAs) retraced previous gains after data showed emissions from the power plants covered by the ETS fell to an all-time low in 2019.

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ClimeCo VP departs for Canadian environmental firm

Published 16:39 on February 6, 2020  /  Last updated at 16:39 on February 6, 2020  /  Americas, Bavardage, Canada, Carbon Taxes, US, Voluntary Market  /  No Comments

A vice president for offset developer and advisory firm ClimeCo has taken a senior position with a Canadian competitor, Carbon Pulse has learned.

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California fuel emissions through October slip under 2018 totals, as power reverses trend

Published 22:07 on February 5, 2020  /  Last updated at 22:07 on February 5, 2020  /  Americas, Canada, US  /  No Comments

California’s fuel consumption through Oct. 2019 slipped slightly below the previous year’s total, potentially resulting in stagnant ETS-covered emissions compared to 2018, state data published Wednesday suggested.

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Pennsylvania GOP, fossil fuel groups claim few environmental benefits to joining RGGI

Published 20:48 on February 5, 2020  /  Last updated at 22:08 on February 5, 2020  /  Americas, US  /  No Comments

Energy industry speakers urged Pennsylvania lawmakers on Wednesday to advance legislation that would prohibit Governor Tom Wolf (D) from joining the RGGI ETS without the General Assembly’s approval, citing the large economic impact and meagre GHG reductions from doing so.

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