California Cap-and-Trade: Price of Carbon Allowances Fell in Latest Auction

Allowance prices for greenhouse gas emissions decreased by 11% in California’s quarterly joint carbon auction held in May 2024, breaking the recent upward trend amid uncertainty as to how the state regulator will amend rules governing the auctions. The auctions are part of the state’s Cap-and-Trade Program, governed by the California … [continued]

ChatGPT & DALL-E generated panoramic image of a container ship with dollar signs coming out of its funnel

Carbon Pricing Is Coming To Maritime Shipping

In my regularly iterated Short List of Climate Actions That Will Work, there’s a big broom: Price Carbon Aggressively. In the maritime shipping world, it would be a big trawler net that scoops up emissions regardless of technology, allowing the market to figure out the cheapest way to achieve decarbonization. … [continued]

"Kamala Harris" by Gage Skidmore is licensed under CC BY-SA 2.0.

Auto & Tech Leaders Line Up To Support Harris For President

On Wednesday, July 31, the UAW International Executive Board voted to endorse Kamala Harris for President of the United States. A press release describes her “proven track record of standing with the UAW and delivering major gains for the working class.” That support means Harris has one of the nation’s … [continued]