RGGI Carbon Market Invests $1 Billion In Clean Energy
The Northeast U.S. RGGI carbon market has just released an inventory of how over $1 billion in revenue has been invested in clean energy for member states.
The Northeast U.S. RGGI carbon market has just released an inventory of how over $1 billion in revenue has been invested in clean energy for member states.
Ontario and two Midwest US grid operators are creating carbon markets, meaning half of North America’s population may soon live in cap-and-trade systems.
The number of carbon allowances sold and pollution permit prices will both rise across the California cap and trade market in 2014 after a successful 2013.
RGGI’s latest cap-and-trade auction completely sold out of carbon allowances, but at a relatively low price. With carbon markets in “trouble” across the world, is it time to reconsider the definition of success?
California’s carbon prices fell in its fourth cap-and-trade auction on news the state may increase the amount of free allocations it provides in 2014.
But even though permit sales dropped 13% from May 2013’s record-setting auction, long-term indicators hint the state’s emissions reduction market could wind up stronger than ever.
The European Union Parliament today approved a “backloading” measure designed to reduce the glut of carbon allowances and boost system prices.
California just set a record for solar power generation with 2GW on the state’s grid, 5% of last Friday’s peak demand, shining new light on the role renewables can play in our clean energy future.
California has set the date and details for a second CO2 emissions allowance auction to be held February 2013, under the state’s cap-and-trade system.