50,000 California carbon allowances trade

50,000 California carbon allowances trade Trading picked up from the previous week, with 50,000 California carbon allowances (CCAs) changing hands on the IntercontinentalExchange. Prices were up as well, closing at $15.55, a 30 cent jump from last week. For the past...

California passes $1 billion carbon revenue bill

California passes $1 billion carbon revenue bill California legislators took another step toward launching North America’s largest carbon market, passing a bill that creates a Greenhouse Gas Reduction Account that will handle over $1 billion in additional state...

California carbon steady above $15

California carbon steady above $15 California carbon allowances (CCAs) saw a slight drop in price by 15 cents from the previous week, but remained above the $15 threshold that many market analysts are viewing as the unofficial floor. CCAs were bid/offered at...

Goldman Sachs investing billions in clean energy

Goldman Sachs investing billions in clean energy Seizing the opportunity to profit from clean energy projects, Goldman Sachs Group announced plans to invest $40 billion over the next ten years. Market analysts project that the next decade will see a large shift toward...

Obama pushes for clean energy

Obama pushes for clean energy To continue sustaining the US’s pursuit of clean energy technologies, President Obama is gathering support to extend tax credits that reward companies for improving their energy efficiency. President Obama spoke at an Iowa wind generation...