California and Quebec have announced plans to hold the first joint carbon auction under their linked emission trading programs in November. On June 3, 2014, the California Air Resources Board (CARB) and Quebec’s Ministry of Sustainable Development, Environment and the Fight against Climate Change (MDDELCC) announced plans to conduct a joint carbon allowances auction under…...
The North Carolina Governor has signed the 2014 Energy Modernization Act, which lifts a 2012 ban on hydraulic fracturing in the state. On June 4, 2014, North Carolina Governor Pat McCrory signed the Energy Modernization Act of 2014 (SB 786) into law, allowing oil and gas extraction using hydraulic fracturing and horizontal drilling methods. The…...
The EPA stressed State flexibility in its Clean Power Plan to reduce emissions 30 percent by 2030. Overview On June 2, 2014, the U.S. Environmental Protection Agency (EPA) proposed its Clean Power Plan to set carbon pollution guidelines for existing power plants and emission standards for modified and reconstructed power plants. The proposal is key…...
Domestic energy production supplied 84 percent of U.S. demand in 2013, with natural gas representing the largest domestically produced resource for the third consecutive year. On June 2, 2014, the Energy Information Administration (EIA) released a report showing that 2013 U.S. energy production reached 81.7 quadrillion British thermal units (quads) and met 84 percent of…...