Carbon Pricing December 2025 Update
U.S. carbon markets are closing out the year with record prices and strong auction demand, reflecting the growing maturity of…Read the full report …...
Policy Primer: Carbon Pricing December 2025 Update
U.S. carbon markets are closing out the year with record prices and strong auction demand, reflecting the growing maturity of emissions trading as state participation evolves. Market performance remains strong across the Northeast and West, even as Pennsylvania withdraws from regional participation.
New York Proposes Regulations to Tighten Emissions Cap Under Regional Carbon Program
The New York State Department of Environmental Conservation and the New York State Energy Research and Development Authority on Dec. 10 released a proposal to update the state’s Regional Greenhouse Gas Initiative, or RGGI, regulations, aiming to secure deeper and more affordable cuts in power sector emissions. The measure underscores New York’s direction at a…...
Washington Carbon Auction Raises $394 Million as Prices Surge
The Washington Department of Ecology on Dec. 10 completed the fourth quarterly sale of greenhouse gas allowances this year under the state’s Cap-and-Invest program, producing strong demand that is projected to raise $394 million for community investments and climate resilience initiatives. The result marks the twelfth consecutive sold out auction and reinforces the program’s trajectory…...
New York Power Authority to Invest $40 Million in Advanced Nuclear Workforce
The New York Power Authority Board on Dec. 9 approved $40 million in annual workforce development funding over the next four years to expand the talent pipeline needed for advanced nuclear energy in Upstate New York. The initiative supports Governor Kathy Hochul’s directive from June for the authority to plan at least 1-gigawatt of advanced…...
California Approves $1.1 Billion to Expand Zero-Emission Transit and Modernize Aging Infrastructure
California Governor Gavin Newsom on Dec. 8 announced that the California Transportation Commission approved $1.1 billion to accelerate deployment of zero-emission buses, expand charging infrastructure, and upgrade essential transportation systems across the state. The investment advances the Governor’s Build More, Faster – For All infrastructure agenda aimed at strengthening climate resilience and improving community mobility…...
State Actions Advance EV Charging Networks and Grid Preparedness
As federal incentives recede and national fuel economy standards face rollback, momentum for transportation electrification is shifting to states, where regulators are…Read the full report …...
Visual Primer: State Actions Advance EV Charging Networks and Grid Preparedness
As federal incentives recede and national fuel economy standards face rollback, momentum for transportation electrification is shifting to states, where regulators are expanding planning efforts, grid upgrades, and charging programs to support continued electrification.
Trump Administration Proposes to Roll Back Fuel Economy Standards
The Trump administration on Dec. 3 announced a proposal to reset the National Highway Traffic Safety Administration’s corporate average fuel economy, or CAFE, standards for model years 2022–2031. The proposal would require automakers to reach an average fuel economy of approximately 34.5 miles per gallon by model year 2031, far below the Biden-era target of…...
U.S. Energy Department Awards $800 Million for Small Modular Reactor Projects in Tennessee and Michigan
The U.S. Energy Department on Dec. 2 announced the selection of the Tennessee Valley Authority and Holtec Government Services for federal funding to accelerate early deployments of advanced light-water small modular reactors, or SMRs. The agency will provide up to $800 million through cost-shared awards to support projects in Tennessee and Michigan. The initiative is…...