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EMISSIONS

Visual Primer: Carbon Capture Momentum Hinges on Expanding Pipeline Network to Connect With Storage Locations

July 24, 2023Climate Change and Emissions, Emissions, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Research Reports, EnerKnol Visual Primer, Environmental Markets, Integrated Resource Plans, PRODUCTS, REC Feed, Retail Power and Gas, Solar, WindBy EnerKnol Research

The deployment of carbon capture, utilization and storage (CCUS) technologies is expected to increase in the U.S., driven by federal and state initiatives to meet emissions reduction targets. Supportive policies, including $12 billion in funding from the Infrastructure Investment and Jobs Act (IIJA) of 2021 and enhanced tax credits under the Inflation Reduction Act (IRA) of 2022, are driving carbon capture projects across the U.S. Initiatives to expand carbon dioxide (CO2) pipelines to connect to sequestration sites have also gained momentum.

Visual Primer: Biden Administration Unveils Novel Carbon Emission Regulations for Power Plants to Further Climate Agenda

May 15, 2023Climate Change and Emissions, Emissions, Energy Efficiency, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Research Reports, EnerKnol Visual Primer, Environmental Markets, Grid Modernization, PRODUCTS, REC Feed, Solar, WindBy EnerKnol Research

The U.S. Environmental Protection Agency (EPA) has proposed new limits on carbon dioxide emissions from coal- and gas-fired power plants, the latest in a string of actions to further the Biden administration’s ambitious climate agenda including proposals to strengthen vehicle emission standards and curb methane leaks from oil and gas wells.

Visual Primer: U.S. Energy Industry Turns to Carbon Capture to Reach Net-Zero Emissions

May 2, 2022Climate Change and Emissions, Emissions, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Research Reports, EnerKnol Visual Primer, Environmental Markets, Integrated Resource Plans, PRODUCTS, REC Feed, Retail Power and Gas, Solar, WindBy EnerKnol Research

The increasing focus on reducing carbon dioxide (CO2) and other greenhouse gas emissions to achieve climate goals has drawn renewed attention to the deployment of carbon capture, utilization, and storage (CCUS) technologies. Federal investments in carbon management through the 2021 Infrastructure Investment and Jobs Act (IIJA) have provided a near-term opportunity to scale commercial carbon capture projects.

Visual Primer: Biden Administration Renews Focus on Social Cost of Carbon to Further Climate Action

March 21, 2022Climate Change and Emissions, Electric Transmission, Emissions, Energy Efficiency, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Research Reports, EnerKnol Visual Primer, Environmental Markets, Grid Modernization, PRODUCTS, REC Feed, Solar, WindBy EnerKnol Research

Discussion around the social cost of greenhouse gases has drawn increased interest following the Biden administration’s renewed focus on establishing the climate metric for federal agencies to incorporate in their policy decisions.

Visual Primer: Climate Push Intensifies Across U.S. to Meet Ambitious Environmental and Energy Goals

January 10, 2022Climate Change and Emissions, Electric Transmission, Emissions, Energy Efficiency, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Research Reports, EnerKnol Visual Primer, Environmental Markets, Grid Modernization, Integrated Resource Plans, Natural Gas, PRODUCTS, REC Feed, Solar, WindBy Enerknol Research

Federal and state government agencies across the U.S. are advancing climate measures for effective implementation of emissions-reduction strategies to progress towards ambitious goals. Federal actions include an executive order directing the federal government to use its procurement power to achieve net-zero emissions, stronger auto fuel standards, and a methane reduction proposal. Recent state actions range from New York’s plan to implement its landmark climate law to Colorado’s oil and gas emission standards, and a cap-and-invest program in Oregon.

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

February 28, 2019Carbon Market, Carbon Markets, Climate Change and Emissions, Emissions, EnerKnol Impact-Misc Categories, EnerKnol Pulse, Environmental Markets, REC FeedBy Enerknol Research

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…...

Virginia Legislature Passes Bill Aimed at Blocking Participation in Regional Carbon-Trading Program

February 17, 2019Carbon Market, Carbon Markets, Climate Change and Emissions, Emissions, EnerKnol Pulse, Environmental Markets, REC FeedBy Enerknol Research

The Virginia legislature approved a bill that would prohibit the governor or any state agency from participating in a regional carbon market, without a two-thirds majority vote from both the legislative chambers. The state is considering its own proposed cap-and-trade rule designed to link with the nine-state Regional Greenhouse Gas Initiative, or RGGI, the nation’s…...

Oregon Bill Seeks Stronger Emissions Targets, Economy-Wide Carbon Pricing

February 5, 2019Carbon Market, Carbon Markets, Climate Change and Emissions, Emissions, EnerKnol Impact-Misc Categories, EnerKnol Pulse, Environmental Markets, REC FeedBy Enerknol Research

The Joint Committee on Carbon Reduction unveiled legislation on Feb. 4 that would establish the Oregon Climate Action Program to place a cap on greenhouse gas emissions for entities whose annual emissions exceed 25,000 metric tons of carbon dioxide equivalent. The bill would set an annually declining emissions budget, starting in 2021 to put the…...

Montana State Lawmaker Proposes Bill to Establish Carbon Tax

January 16, 2019Climate Change and Emissions, coal, Emissions, EnerKnol Impact-Misc Categories, EnerKnol Pulse, Environmental MarketsBy Enerknol Research

Montana House Lawmaker Mary Dunwell, a Democrat, introduced legislation on Jan. 14 that would impose a carbon tax of $10 per metric ton on large emissions sources from 2020, increasing annually by $1, plus the rate of inflation. The bill would set an emissions reduction goal of 25 percent by 2035, and 50 percent by…...

Pennsylvania Sets Emissions Reduction Goals in Line With Paris Climate Accord

January 10, 2019Climate Change and Emissions, Emissions, EnerKnol Pulse, Environmental MarketsBy Enerknol Research

Democratic Governor Tom Wolf issued an executive order on Jan. 8 requiring the state to work toward reducing greenhouse gas emissions by 26 percent by 2025, and 80 percent by 2050, relative to 2005 levels. By setting goals in line with the 2015 Paris climate agreement, Pennsylvania joins a growing number of states reacting to President…...

New York State Lawmaker Proposes Bill to Establish Carbon Tax

January 9, 2019Climate Change and Emissions, Emissions, EnerKnol Impact-Misc Categories, EnerKnol Pulse, Environmental MarketsBy Enerknol Research

New York State Assemblyman Kevin Cahill, a Democrat, introduced legislation on Jan. 2 that would impose a carbon tax of no less than $35 per ton on the distribution or sale of carbon-based fuels, increasing annually by $15 to a maximum of $185. Under the bill, 60 percent of the proceeds from the tax would be…...

Trump’s EPA Trashes Global Benefits of Carbon Cuts in Repeal of Obama Climate Rule

October 18, 2017Emissions, EnerKnol Research Reports, Environmental Markets, PRODUCTSBy Enerknol Research

In its proposal to repeal the Clean Power Plan (CPP), the Environmental Protection Agency (EPA) has devalued the social cost of carbon (SCC) and disregarded the global benefits from the CPP. Following President Trump’s executive order rescinding the SCC, this approach could be used to revisit existing environmental rules. Despite the pushback on carbon pricing at the federal level, states are increasingly using the social cost of carbon as a metric to measure and reduce their climate impacts.

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