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…...
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…...
The U.S. Interior Department on Dec. 10 announced that the Bureau of Ocean Energy Management completed Lease Sale Big Beautiful Gulf 1, launching a new phase of offshore oil and gas development under the One Big Beautiful Bill Act. The auction generated $279 million in high bids for 181 blocks across federal waters in the…...
