The nineteenth quarterly carbon auction held by California and Quebec sold all of the more than 66 million carbon permits offered for current emissions at a record-high $17.45 per credit, above the floor price of $15.62, according to the results released on May 22 by the California Air Resources Board. The auction also sold 100…
DetailsThe Bureau of Land Management on May 22 issued a draft environmental review finding that lifting an Obama-era moratorium on federal coal leasing would not change the cumulative greenhouse gas emissions compared to waiting for the pause to expire. The move responds to a court ruling issued last month, finding that former Interior Secretary Ryan…
DetailsThe New York State Public Service Commission predicts that the cost for electricity supply this summer will remain near historically-low levels thanks to a decline in the amount of electricity consumed, according to a May 16 press release. Energy price forecasts based on projections from the New York Mercantile Exchange are down between 1 to…
DetailsThe Florida Public Service Commission on May 21 approved settlement agreements allowing Duke Energy Florida LLC and Tampa Electric Company to use the savings from the 2017 federal tax reforms to cover the costs of restoring power after recent storms. The agreements also establish standardized processes for future storm restoration activities. Duke Energy will use $484…
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