Washington State wrapped up its first full year of auctions for tradable emission allowances in December, as the state considers joining an integrated regional greenhouse gas reduction program with California and Québec. In 2021, the Washington state legislature set up a cap-and-invest program that creates tradable emission allowances as a measure to … [continued]
For projects expected to be built in 2030 in the EU, they have to account for the carbon dioxide and equivalent emissions at around $203 in today’s dollars per ton and put that cost on the negative side of the ledger.
The takeaway for me was that at least this group of executives cared about the planet and were looking to do their part.
Our children and their children and their children’s children will be paying that price.
The Indian government has issued a list of projects that would be eligible to earn carbon offsets for the purpose of selling them in international carbon markets. According to a press release issued by the Ministry of Environment, Forests and Climate Change, a total of 13 activities have been identified as … [continued]
Planting trees is good, planting trees with pinpoint accuracy on carbon is better, and Ctrees has the numbers to help prevent bad actors from using trees as a greenwashing screen.
The narrative that Americans and many Europeans share about China and themselves is not aligned with observable reality, and the USA is in significant danger of economic decline even as the world improves.
The European Parliament votes in favour of including shipping and road transport in the Emissions Trading System (ETS) for the very first time.
In its first quarterly auction of 2022, emissions credits in the joint California-Quebec allowance auction sold for $29.15 per metric ton of carbon dioxide equivalent, or nearly $10 per metric ton more than the minimum price for allowances. Emissions credits sold in this market can be used to comply with … [continued]
The emissions of aviation will be priced, the cost of aviation will go up, and that’s part of why my projection of aviation growth is flat through 2100.
