The California cap-and-trade program recently completed another successful allowance auction, providing an opportunity for lessons learned regarding compliance instruments. The market demand for California Compliance Allowances (CCAs) continues to increase. In turn, the market for offsets (which tend to be less-used) will also continue to grow, providing attractive transaction opportunities for both landowners with potential projects throughout the U.S. and covered entities who are seeking a less costly option to CCAs.
Policy & Government
A catch all category for government, politics and initiatives to influence either.
Environmental injustice can occur anywhere, and this Christmas, a gated community of 30,000 residents in the scenic hills of Los Angeles proved this point.
The United States is undergoing a massive energy transition that isn’t receiving enough attention, and it could render the Paris climate agreement meaningless. We’re swapping one climate-damaging fuel, coal, for another that is actually worse: fracked gas.
Tesla’s Elon Musk and an impressive list of other tech leaders are calling for the California Air Resources Board to get creative. They want CARB to implement a new approach to the diesel cheating scandal by requiring Volkswagen to step up to the plate and come up with a zero-emissions vehicle. Forget the idea of penalizing the company with heavy fines and recalls that will go nowhere, say the experts. That’s so 20th century and ineffective.
San Diego wants to be clean — 100 percent clean energy, to be exact — in just 20 years, under an ambitious plan unanimously passed last week by the city council.
On the surface, Congress’ approval of another five years of wind and solar tax credits seems like a hat tip to recent accomplishments at COP21. But the extension came with some odd bedfellows — like a landmark bill to open the path to fossil fuel exports and more money to fund a dying horse-racing industry.
In the aftermath of COP21, we need to shift rapidly to renewables in order to meet the goals set in the Paris Outcome. For some reason, the United Kingdom doesn’t want to play along.
As the Paris climate negotiations closed, you heard a great deal of hope and optimism as well as congratulations for vision and progress emanating from COP21. Indeed, important commitments have been made – but they’re pledges, not actions, and they don’t reverse the adverse climate change underway. Which is why adaptation is more important than ever.
In response to these schemes, or in anticipation of future carbon-pricing legislation, this year the CDP reported that 437 large companies say they now use an internal carbon price in decision-making. This is an increase from just 150 in 2014. But what actually is an internal carbon price, and what are the advantages of implementing one?
Humanist psychologist Abraham Maslow believed that people have an inborn desire to be self-actualized, to be all they can be. In order to achieve this ultimate goal and be productive, however, a number of more basic needs must be met first, such as the need for food, safety, love and self-esteem — known as Maslow’s Hierarchy of Needs. Similarly, environmental protection and compliance in a country like India will be successfully implemented and monitored if the basic needs and demands of human life are met first.
SPECIAL SERIES: The Problem with Food Waste
Commercial composting solves a myriad of problems in big cities: It reduces carbon emissions in landfills, creates jobs and businesses, and turns out some great soil. So, why is there such a lack of composting facilities that handle food waste?
A handful of cities are moving strategically to make their electric grids more secure, reliable and sustainable. That may not sound sexy even by energy industry standards, but the return on their investments gets more appealing with each dollar spent.
The Obama administration’s ‘moonshot for water’ initiative is an effort to mitigate the increased stress on groundwater supplies across the United States.