US Senate holds climate change session

US Senate holds climate change session The Senate Climate Action Task Force held a 15-hour Up4Climate event that took place from Monday evening until Tuesday Morning, drawing further attention to the challenges presented from climate change.   Thirty Senators...

US northeast carbon auction raises $93 million

US northeast carbon auction raises $93 million The Regional Greenhouse Gas Initiative (RGGI) generated over $93 million in revenue from their most recent carbon allowance auction.   The carbon auction saw allowances reach a price of $4 apiece, a record high for...

300,000 California carbon allowances trade

300,000 California carbon allowances trade Roughly 300,000 California carbon allowances for delivery in 2014 traded this week over the IntercontinentalExchange.   The price for vintage 2014 California carbon allowances settled at $11.95.   On Monday, the...

California carbon auction raises $329M

California carbon auction raises $329M The Air Resources Board (ARB) released the results from February’s California carbon auction, demonstrating the most successful auction held to date.   All 19.5 million 2014 California carbon allowances (CCAs) were sold at a...

US climate plan submitted to UN

US climate plan submitted to UN The US shared its view of what policies should be included in the new binding United Nations (UN) climate treaty.   Countries are looking ahead to design a plan to replace the expiring Kyoto Protocol which established the first...