Policy Primer: Carbon Pricing – October 2022 Update
Discussions about carbon pricing continue to evolve as the strategy is increasingly viewed as a policy tool that can play an expanded role in a broader policy mix to meet ambitious climate goals.
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Discussions about carbon pricing continue to evolve as the strategy is increasingly viewed as a policy tool that can play an expanded role in a broader policy mix to meet ambitious climate goals.
The Biden administration on Oct. 6 announced new actions by over 20 agencies to strengthen the federal government’s resistance to the exacerbating effects of climate change. The actions of agencies are outlined in their annual adaptation progress reports and emphasise an administration wide responsibility to tackling the climate crisis, by incorporating climate-enthusiasm across each agency’s…...
Virginia Governor Glenn Youngkin on Oct. 3 released the state’s 2022 Energy Plan which provides an analytical assessment of the current energy economy and outlines an approach for policy decisions. To meet the growing demand of residents and businesses, the plan calls for an “all of the above” approach that taps nuclear, natural gas, renewables,…...
The Washington Department of Ecology has finalized regulations to implement the state’s cap-and-invest program, according to a Sept. 29 press release. The initiative is the mainstay of the state’s plan to drastically cut carbon emissions towards achieving carbon neutrality by 2050. The program aims to deal with the root cause of global warming by reducing…...
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The U.S. Environmental Protection Agency (EPA) on Sep. 24 announced the creation of a new national program office devoted to advancing environmental justice and civil rights. This office will act as an enabler fulfilling the agency’s commitment to delivering justice and equity for all, while pushing the critical issues to the highest levels of the…...
The California Air Resources Board on Sept. 22 approved the 2022 State Implementation Plan, or SIP, strategy for reaching the federal health based standard for ozone emissions within the next 15 years. The net cost of the strategy is projected to be $96.2 billion, which involves $33.8 billion in board actions and $62.3 billion in…...
A handful of states are revisiting natural gas line extension policies to eliminate subsidies for new gas hookups and support state climate policies that call for lower gas use and electrification of buildings.
The New York Independent Systems Operator on Sept. 22 released its 2021-2040 System and Resource Outlook providing a comprehensive overview of potential resource development over the next 20 years and potential pathways for transmission and supply investments to transition to a reliable zero-emissions power grid. The report notes that unprecedented levels of investment are required…...
New York Governor Kathy Hochul on Sept. 21 announced the state’s sixth competitive solicitation, seeking 2 gigawatts or more of new large scale renewable energy projects. The projects are expected to have the capability to provide electricity for around 600,000 homes and sustain the conventional speed of state contracted opportunities for private renewable energy developers…....
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