Carbon Markets

EnerKnol Research PU Policy Primer Carbon Pricing 2022 04 19 Blog preview

Policy Primer: Carbon Pricing April 2022 Update

U.S. carbon markets drew strong participation in recent auctions reflecting potentially higher demand for carbon allowances in anticipation of more stringent federal and state climate policies. Washington is advancing a new cap-and-invest program, while Vermont is examining options for a similar initiative to cut transportation sector emissions.

Policy Primer: Carbon Pricing November 2021 Update

Policy Primer: Carbon Pricing November 2021 Update

Interest in carbon pricing mechanisms has deepened as lawmakers and regulators explore policy tools to address emissions reductions in order to reach ambitious clean energy and climate goals. Cap-and-trade is figuring more prominently as an efficient market-based means to achieve significant carbon reductions and create an incentive to invest in non-emitting technologies.

Policy Primer: Carbon Pricing July 2021 Update

Policy Primer: Carbon Pricing July 2021 Update

Emission trading is coming to prominence as a key market-based tool in state efforts to reduce greenhouse gases, including decarbonization of the electricity sector. Among recent actions Washington has enacted legislation to implement an economy-wide cap-and-invest system, becoming the second state to have a comprehensive carbon-pricing program, and Pennsylvania has adopted rulemaking for a carbon trading program covering the power sector.

Carbon Pricing

Policy Primer: Carbon Pricing

As the Biden administration takes action to address climate change through federal policies including rejoining the Paris Agreement and increasing the social cost of carbon, states continue to strengthen existing carbon pricing programs and advance new initiatives. State-level activity on emission-trading programs and carbon pricing is expected to remain on the rise as more jurisdictions embrace policy goals to transition to a lower-carbon power system and economy.

Visual Primer: Northeastern Regional Carbon Market Gets A Boost With New Members

Visual Primer: Northeastern Regional Carbon Market Gets A Boost With New Members

The Regional Greenhouse Gas Initiative (RGGI), which established the nation's first mandatory emissions-trading program, received a further boost as Virginia finalized regulations to become its eleventh member and Pennsylvania, the third largest coal-producing state, adopted draft regulations to join the program, following New Jersey’s re-entry after a decade.

RGGI Carbon Auction Signals Steady Market Defying COVID-19 Impacts

EnerKnol’s Visual Primer – RGGI Carbon Auction Signals Steady Market Defying COVID-19 Impacts

Prices in the 10-state Regional Greenhouse Gas Initiative’s latest carbon auction rose to the highest since 2015, defying impacts from the COVID-19 pandemic as two more states gear up to join the initiative. Meanwhile, revenues from California’s post-pandemic auction tumbled to $25 million, less than 5 percent of the previous auction proceeds, pointing to a need for reforms for predictable outcomes and a long-term strategy to fund climate programs.

EnerKnol's Visual Primer - New Jersey’s Re-Entry into RGGI Strengthens Case for Regional Cooperation on Emissions

EnerKnol’s Visual Primer – New Jersey’s Re-Entry into RGGI Strengthens Case for Regional Cooperation on Emissions

The Regional Greenhouse Gas Initiative (RGGI) expanded from nine to ten member states with New Jersey’s re-entry after almost a decade. Virginia’s Clean Economy Act sets the state to link with the compact in 2021, and Pennsylvania is drafting regulations in accordance with a 2019 executive order that commits the state to join the compact.

Blog Preview 2019 07 23

EnerKnol’s Visual Primer – Carbon Emission Pricing in the U.S.: State of Play in 2019

As legislatures adjourn, U.S. states take stock of their progress on expanding clean energy and climate policies. Measures to tackle greenhouse gas emissions have long been a political lightning rod, but mechanisms like carbon pricing are coming up more regularly in legislative sessions and evolving to play a key role in the shift to a low-carbon economy.

California-Quebec Carbon Auction Sells Out, Reflects Steady Demand Amid PG&E Uncertainty

California-Quebec Carbon Auction Sells Out, Reflects Steady Demand Amid PG&E Uncertainty

The eighteenth quarterly carbon auction held by California and Quebec sold all 80,847,404 carbon permits offered for current emissions at $15.73, above the floor price of $15.62, according to the results released on Feb. 27 by the California Air Resources Board. The auction sold about 66 percent of the permits offered for 2022 emissions at…...