As carbon pricing gains traction as a policy tool to combat climate change and achieve net-zero emissions, regulatory attention on U.S. carbon markets has been on the rise. Recent developments in state-level emissions trading programs have yielded mixed results…Read the full report …...
As carbon pricing gains traction as a policy tool to combat climate change and achieve net-zero emissions, regulatory attention on U.S. carbon markets has been on the rise. Recent developments in state-level emissions trading programs have yielded mixed results, with Washington's latest allowance auction seeing a significant price drop, while California, Quebec, and the Regional Greenhouse Gas Initiative (RGGI) cleared at record high prices.
President Joe Biden’s budget proposal for fiscal year 2025 includes $51 billion in discretionary funds for the U.S. Energy Department, a 7.5 percent increase from the 2023 level. The proposal reinforces the administration’s commitment to tackle climate, energy, environmental, and nuclear security challenges. With a focus on combating climate change and promoting economic growth, the…
The U.S. Energy Department on Feb. 27 announced over $366 million for 17 projects in rural and remote areas across 20 states, benefiting 30 Tribal Nations and communities. The projects are a part of the Energy Improvements in Rural or Remote Areas, or ERA, program. This funding, supported by the 2021 Infrastructure Investment and Jobs…...
The net metering policy landscape continues to change as customer-sited generation expands. More states are shifting from traditional net metering to implement new rate structures. Over the last year, California, Arkansas, and North Carolina have adopted revisions to…Read the full report …...
The net metering policy landscape continues to change as customer-sited generation expands. More states are shifting from traditional net metering to implement new rate structures. Over the last year, California, Arkansas, and North Carolina have adopted revisions to the policy. Net energy metering (NEM), which credits customer generators for grid-exported power, has been a key component of the policy framework to spur investment in customer-sited renewable energy facilities, including solar and energy storage systems.
The U.S. is projected to retire 5.2 gigawatts (GW) of electricity generating capacity in 2024, according to a Feb. 20 report published by the U.S. Energy Information Administration. The expected retirement of power generating capacity this year is 62 percent lower than 2023 and is the lowest yearly decline since 2008. Coal and natural gas…...
The U.S. is expected to add 62.8 gigawatts of new utility scale power generating capacity in 2024, up 55 percent compared to 2023, which saw capacity increase by 40.4 GW, according to a Feb. 15 report from the U.S. Energy Information Administration. Solar and battery storage capacity are expected to account for 58 percent and…...