Australia Approaches 22% Renewables By 2020, 51% by 2050
A new analysis of government data compiled by Green Energy Markets finds Australia on track to not only hit 22% renewables by 2020, but reach an unprecedented 51% of all electricity by 2050.
Carbon Pricing
Carbon Tax Good For Climate And Economy, Says US Congressional Budget Office
The US Congressional Budget Office has completed its study of impact of carbon tax on the US economy. The CBO was given the tax to assess the impact of carbon tax on fossil fuels on the US economy and the country’s greenhouse gas emissions. In its second report on the … [continued]
California’s Third Cap And Trade Auction Sells Out, At Record Price
California’s third cap and trade carbon allowance auction was held last week, and businesses snapped up all available 2013 permits, setting a record price level in the process. In addition to the 2013 permits, over three-quarters of advance allowances for 2016 were sold to businesses.
South Korea May Launch World’s Most Ambitious Cap And Trade Market
With roughly 18 months until launch, South Korea appears on the path to launch the world’s most ambitious cap and trade market, with the highest global price on carbon.
The government is still finalizing system design, set to launch in January 2015, but it could ultimately cover 70% of national emissions and reach $90 per ton of carbon.
Carbon Tax Has Very Broad, Bipartisan Support (Outside Of Congress)
This article first appeared on Climate Progress. by Ryan Koronowski The Washington Post editorial board calls a carbon tax “one of the best ideas in Washington almost no one in Congress will talk about.” It joins a very diverse group (including conservative economists, big oil companies, environmental advocates, and most Americans) that thinks pricing … [continued]
Moderate Carbon Price Still Has Big Impact On Emissions
Reposted from Think Progress. By Joe Romm Last week, I wrote a piece “Extending Current Energy Policies Would Keep U.S. Carbon Pollution Emissions Flat Through 2040.” It was based on the latest report from the U.S. Energy Information Administration (EIA), summed up in this chart: But EIA has modeled other cases … [continued]
Clean Power News Roundup (Energy Transition In NL, Physicians For Solar…)
Here are some more top clean power stories from the past few days (and a couple dirty power stories): Clean Power, In General Much More Renewable Energy Could Be Integrated Into US Grid (Solar Love) Energy Transition In The Netherlands (Renewables International) Germany’s Renewables Revolution (Rocky Mountain Institute) SDG&E Announces 5 New Renewable … [continued]
Why Europe’s Carbon Market Collapse Won’t Kill Cap And Trade
For carbon markets across the world it was the best of times, it was the worst of times. Plummeting European Union carbon prices following a key EU vote seem to demonstrate in the clearest terms that cap and trade is doomed to fail.
But declaring the death of carbon markets and cap and trade policy over Europe’s struggles is a knee-jerk reaction which overlooks significant developments for carbon trading around the world – ones which could ultimately rescue the EU and cement cap and trade as a global climate change solution.
Clean Power News Roundup (Buffet–Suntech Rumors, Solar Cuts Electric Bills…)
Here’s some more top clean power news from around the interwebs: Solar Warren Buffet To Buy Suntech? Natcore Takes Another Step Solar Reduces Everyone’s Electric Bill Wind Vestas Appoints New Chief Financial Officer Gamesa Begins To Erect 5 MW Wind Turbine Solar + Wind German Statistics For Renewables EEG Sees … [continued]
Victorian Zoos Are The First Carbon-Neutral Zoos In The World
Three zoos in Australia’s state of Victoria can now boast of an accolade no other zoo in the world currently can. Possibly inspired by several other entities in Australia voluntarily offsetting their carbon emissions, Zoos Victoria has become carbon neutral. Melbourne Zoo, Werribee Open Range Zoo, and Healesville Sanctuary achieved … [continued]
