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Environmental Markets

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New York Green Bank to Transform Clean Energy Markets

April 21, 2014

On February 5, 2014, The New York Green Bank (NYGB) issued its first solicitation for project funding. With project funding commencing, NYGB aims to create a sustainable stream of private capital to replace intermittent grants and subsidies from state and federal sources, and be the first U.S. Green Bank to target $1 billion in capitalization…....

Court Upholds EPA’s Mercury and Air Toxics Standards

April 16, 2014

A federal appeals court upheld EPA’s regulation to limit emissions of mercury and hazardous air pollutants from coal- and oil-fired power plants. On April 15, 2014, the U.S. Court of Appeals for the District of Columbia upheld the Environmental Protection Agency’s (EPA) Mercury and Air Toxics Standards (MATS) for coal- and oil-fired electric utility steam…...

Memoranda of Understanding Aim to Increase Transparency of Energy Market Oversight

April 14, 2014

On January 2, 2014, the Federal Energy Regulatory Commission and the Commodity Futures Trading Commission officially entered into two Memoranda of Understanding (MOU). The MOUs will provide solutions for overlapping jurisdiction and sharing information of mutual interest. Overview On March 5, 2014, the Federal Energy Regulatory Commission (FERC) and Commodity Futures Trading Commission (CFTC) announced…...

EPA Releases Top 25 List of U.S. Cities With Most Energy Star Buildings

April 11, 2014

More than 23,000 buildings across the U.S. have earned EPA’s Energy Star Certification, saving more than $3.1B on utility bills. On April 10, 2014, the Environmental Protection Agency (EPA) released the sixth annual list of top 25 U.S. cities with the most Energy Star certified buildings.  The cities demonstrate economic and environmental benefits achieved from…...

California Approves First Forestry Compliance Offset Project

April 10, 2014

California has approved the first forest carbon offset project under the cap-and-trade compliance forestry protocol. On April 9, 2014, the California Air Resources Board (CARB) announced approval of the first forest carbon offset project – the Yurok Tribe/Forest Carbon Partners CKGG Improved Forest Management Project – under California’s cap-and-trade forestry offset protocol.  CARB issued 836,619…...

DOE Releases Strategic Plan 2014-2018

April 9, 2014

DOE has released a five-year Strategic Plan outlining priorities to address the nation’s energy, security, economic, and environmental challenges. On April 7, 2014, the Department of Energy (DOE) released its Strategic Plan for 2014-2018 to advance its mission of enhancing U.S. security and economic growth through transformative science, technology, and market solutions to address energy,…...

House Approves Bill Prioritizing Weather Forecasting Efforts

April 2, 2014

The House has passed a bill aimed to enhance the National Oceanic and Atmospheric Administration’s prioritization for weather forecast and modeling. On April 1, 2014, the House of Representatives passed the 2014 Weather Forecasting Improvement Act (H.R. 2413) aimed to enhance U.S. weather forecast and modeling.  The bill, introduced by Rep. Jim Bridenstine (R-OK) in…...

California Cap and Trade Program Strong after First Year of Operation

March 31, 2014

On February 19, 2014, the California Air Resources Board (CARB) held its sixth carbon allowance auction. Auction results over the first year show that compliance entities are becoming more comfortable with program and that investor market confidence is growing. Similarly, a secondary allowance market is also developing as market confidence grows. Overview The California Air…...

Q1 2014 RGGI Auction Indicates Renewed Northeast Carbon Market

March 31, 2014

On March 4, 2014, the Regional Greenhouse Gas Initiative (RGGI) held the first carbon allowance auction under the new Model Rule. Auction prices reached record levels and high market participation and allowance demand exhausted the 5 million allowance Cost Containment Reserve. Overview The Regional Greenhouse Gas Initiative (RGGI) is the nation’s first mandatory market-based cap-and-trade…...

EPA Secures Bond from Vehicle Importer to Satisfy Future Clean Air Act Violations

March 28, 2014

For the first time, EPA has secured a bond to satisfy future Clean Air Act violations. On March 27, 2014, the Environmental Protection Agency (EPA) announced a settlement agreement with American Lifan Industry, Inc., an Ontario, California-based vehicle and engine importer for illegally importing and selling approximately 28,000 China-made vehicles and engines that did not…...

NYPA Releases 2014-2019 Strategic Vision

March 27, 2014

The New York Power Authority has released its updated strategic plan outlining actionable initiatives to attain a transformed energy system. On March 26, 2014, the New York Power Authority (NYPA) released its Strategic Vision 2014-2019, an updated strategic plan aimed to boost economic growth by providing more value to NYPA customers.  Through the plan, NYPA…...

Nuclear Energy Industry Remains Strong despite Safety Concerns

March 24, 2014

Despite the 2011 Fukushima Daiichi Nuclear Power Plant disaster, U.S. nuclear energy research and development continues undeterred. Despite new plant construction, nuclear energy byproduct storage and disposal remains a highly-debated topic in congress. Overview For the first time in more than 30 years, new nuclear reactors are under construction in the U.S. The construction consists…...

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CATEGORIES
  • Alternative Energy
    • Biofuels
    • Electric Vehicles
    • Hydropower
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  • Environmental Markets
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  • Fossil Fuels
    • Coal Power
    • Natural Gas
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  • Power & Utilities
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