wa cap and invest pulse

Washington Finalizes Regulations to Implement Carbon-pricing Program

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…...

President Biden Commits U.S. to Achieve 50 Percent Emissions Reductions in 2030

EPA’s New Environmental Justice and Civil Rights Office to Address Climate Equity

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…...

CARB SIP pulse

California Adopts Strategy to Meet Federal Ozone Standard by 2037

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…...

New Jersey Governor Expands Offshore Wind Goal to 11 Gigawatts by 2040

New Jersey Governor Phil Murphy on Sept. 21 signed an executive order, increasing the state’s offshore wind target to 11,000 megawatts (MW) by 2040, nearly double the existing goal of 7.5 gigawatts by 2035. The order  instructs the New Jersey Board of Public Utilities to examine the viability of raising the target further. In addition…...

Virginia Pollution Control Board Endorses Stricter Power Plant Emissions Rule as State Moves to Join Regional Carbon Market

Unprecedented Level of Investments Needed to Achieve New York’s Climate Policy: NYISO Outlook

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…...

U.S. Wind, Solar Developers Brace for Project Delays as COVID-19 Crisis Disrupts Supply Chain

New York Launches Solicitation for 2 Gigawatts of Large-Scale Renewables

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…....

EPA Releases Strategic Plan in Conjunction with President's Proposed $11.8 Billion Budget to Address Climate Change, Environmental Justice

New York Governor Issues Executive Order to Advance Sustainability Operations

New York Governor Kathy Hochul on Sept. 20 signed an executive order to expedite attempts to make state operations more sustainable. Moreover, the Governor also declared that state organisations and government departments, accounting for an anticipated $50 billion in funds, have pledged to attain net zero emissions in their investment portfolios by 2040. The announcement…...

U.S. Sets Floating Offshore Wind Energy Goal of 15 Gigawatts by 2035

The Biden administration on Sept. 15 announced that it will aim to deploy 15 gigawatts of floating offshore wind capacity by 2035 and create a “Floating Offshore Wind Shot” to reduce floating technology costs by over 70 percent by 2035 to $45 per megawatt hour. The initiative targets deep-water lease areas to reach the 15-gigawatt…...

NY Green Bank Commitments Exceed $900 Million, Driving $2.4 Billion in Clean Energy Investments

New York Regulator Undertakes Review of $10 Billion Clean Energy Programs

The New York Public Service Commission on Sept. 15 commenced its review of a number of its innovative clean energy programs, incorporating utilities’ endeavour’s under New Efficiency: New York, or NENY and the New York State Energy Research and Development Authority’s Clean Energy Fund, or CEF. Collectively, these initiatives represent approximately $10 billion in customer…...