US coal use hits 34-year low

US coal use hits 34-year low For the first time since 1978 the monthly coal power generation in the US fell below 40%. November and December of 2011 saw a significant drop in coal usage due largely to two factors. First of all the US experienced a very mild winter....

California carbon price at $14.50

California carbon price at $14.50 Trading picked up this week with 50,000 California carbon allowances (CCAs) trading at $14.50 each. The Intercontinental Exchange (ICE) saw the majority of the trading action, which was welcome after last weeks sluggish market. A put...

California will need more carbon offset credits

California will need more carbon offset credits Although California’s carbon market will not begin regulating large emitters until January 2013, officials are urging carbon offset project developers to push their projects now. Emitters will be able to use carbon...

How will California spend its billions in carbon revenue?

How will California spend its billions in carbon revenue? Although California will not hold its first carbon allowance auction until August, policy makers are already debating how best to spend the $3 billion revenue expected from carbon sales this year alone. The...

California carbon price rises to $14.25

California carbon price rises to $14.25 California carbon allowances traded for $14.25 per ton this week on the Intercontinental Exchange (ICE). Trading was thin as market participants await further design rules from the California Air Resources Board (ARB). According...