Carbon offset markets gain traction

Carbon offset markets gain traction In the absence of global action to tackle climate change, regional states across the world have chosen to create their own solutions. In the US, California, Oklahoma and Oregon have established guidelines that encourage emission...

US proposing carbon regulation for power plants

US proposing carbon regulation for power plants The Environmental Protection Agency (EPA) will release its New Source Performance Standards sometime this week, marking the first time the US has imposed carbon dioxide limits on new power plants. The New Source...

California Governor mulls hydrofracking

California Governor mulls hydrofracking California Governor Jerry Brown revealed that he is considering opening the state to the controversial drilling method referred to as ‘hydraulic fracturing’, or ‘hydrofracking’. Hydrofracking involves using high pressured water...

California carbon hits $14.80

California carbon hits $14.80 The price for California carbon allowances (CCAs) rose 30 cents from last week to $14.80. However there was little trading action as only 15,000 CCAs changed hands on the Intercontinental Exchange. A number of new market forecasts were...

Western Climate Initiative hires executive director

Western Climate Initiative hires Executive Director This past week the Western Climate Initiative (WCI) announced Anita Burke will serve as its first Executive Director. The WCI consists of California and several Canadian provinces that are coordinating to establish a...