Dec. 20, 2010 NYSE Blue looks to California New York Stock Exchange (NYSE) Blue is set to launch in January and expects for California offset trading to comprise a large portion of the company’s business. Incoming CEO Brian Storms has affirmed...
Read moreDec. 17, 2010 US energy emissions projection The Energy Information Administration (EIA) released its annual projection, reporting that CO2 emissions from the US energy sector will not revert to the 2004 level of almost 6 billion tons until 2027...
Read moreDec. 17, 2010 California market to reach $10 billion Analysts from Point Carbon project that California’s carbon market will be worth $1.7 billion when it is implemented in 2012, and grow to almost $10 billion by 2016. Participation by oil...
Read moreDec. 16, 2010 California cap-and-trade approved The California Air Resources Board (Carb) has given final approval for the design of its state wide cap-and-trade system which seeks to reduce emissions to 1990 levels by 2020. Throughout the...
Read moreDec. 16, 2010 Small businesses support EPA Over 60,000 US companies have requested that Congress not interfere with the Environmental Protection Agency’s new greenhouse gas (GHG) regulations which are set to begin next year. These businesses have...
Read moreDec. 15, 2010 US positive on Cancun results US climate envoy Todd Stern was pleased with results from the United Nations climate summit that took place in Cancun, Mexico earlier this month. With representatives from more than 190 countries at the...
Read moreDec. 15, 2010 Business, environmentalists argue over California market As the California Air Resources Board (Carb) prepares to finalize the design elements of the state’s cap-and-trade market, many groups are adding their input. Environmental...
Read moreDec. 11, 2010 Court gives EPA go ahead in Texas Texas’s petition to halt Environmental Protection Agency (EPA) regulation of GHGs was denied by a US court of appeals. There had been question as to whether EPA authority via the Clean Air Act would...
Read moreDec. 10, 2010 Senators call for clean energy tax break Several Democratic senators have called for extended tax breaks for renewable energy projects such as solar and wind farms. Currently a federal grant pays for almost a third of the project...
Read moreDec. 9, 2010 California market gets developer’s attention Developers in Mexico are hoping to supply California’s AB32 cap-and-trade system beginning in 2012. Heavy emitters such as power plants, refineries, and factories will be able to use...
Read moreDec. 9, 2010 AB32 to have little negative impact Next 10, a nonpartisan research group, released reports that California’s cap-and-trade law AB32 will only slightly impact electricity prices, and is unlikely to force businesses out of state. This...
Read moreDec. 8, 2010Moderate Republican chairs energy panel Congressman Fred Upton was chosen by House Republicans to chair the energy committee, beating out the more conservative Joe Barton. Although Upton recognizes manmade climate change, he voted...
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