NYC sourcing renewable energy

NYC sourcing renewable energy In a move to meet New York City’s (NYC) target to reduce greenhouse gas (GHG) emissions to 30 percent below 2005 levels by 2030, Mayor Michael Bloomberg announced the construction of facility to convert waste to energy. The city is...

Keystone XL pipeline vows to improve environmental impact

Keystone XL pipeline vows to improve environmental impact Canada’s Oil Sands Innovation Alliance (COSIA) was launched this week with a pledge to rapidly improve the environmental impact expected from developing the nation’s vast oil sand deposits. There has been...

California carbon offsets to be in short supply

California carbon offsets to be in short supply Carbon offset project developers are petitioning the California Air Resources Board (ARB) to allow additional protocol types to be accepted for use in the state’s cap-and-trade market. In particular, supporters of...

California carbon trades at $13.50

California carbon trades at $13.50 Prices for California carbon allowances (CCAs) closed at $13.50 during a slow week of trading. 60,000 CCAs to be delivered in 2013 exchanged hands on the Intercontinental Exchange (ICE). Market analysts predict that activity will...

EPA to regulate 100,000+ ton emitters

EPA to regulate 100,000+ ton emitters This past week Environmental Protection Agency chief Lisa Jackson approved a rule to regulate heavy emitting facilities such as power plants and fuel refineries. The ‘tailoring rule’ will require large factories that release over...