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.
Canada is #5 for renewable investment, but most of that money is going to foreign companies. The Harper Government has done little to foster development.
North America’s carbon markets just completed the first international cap-and-trade system linkage and raised $500 million for clean energy investment.
While private financial institutions & businesses are investing to make Canada a clean energy leader – which citizens want – Ottawa drags it feet.
Quebec is looking to update its 10-year energy plan, with a new wind energy policy being a vital part of it, according to supporters. Montreal Gazette noted that Pierre Arcand, Quebec’s Natural Resources and Energy Minister, is reopening consultations on a new ten-year energy plan. A commission under the prior government … [continued]
President Obama’s pending power plant emissions rules are getting all the attention, but China may have just made an even bigger carbon market policy move.
Originally published on Energy & Policy Institute. Wind farms reduce greenhouse gas emissions in the overall electrical grid on close to a 1:1 basis. Typical grids produce 800 g of CO2 equivalent (CO2e) per KWh generated by their mixes of fossil, nuclear and renewable generation, and wind energy displaces virtually all of … [continued]
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.
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.