Dec

5

RGGI States Complete Sixth Successful CO2 Auction

Filed Under RGGI, Regional Greenhouse Gas Initiative, US Carbon Market, US Carbon Trading | Comments Off

The states participating in the Regional Greenhouse Gas Initiative (RGGI) today announced the results of the sixth regional auction of carbon dioxide (CO2) allowances, held Wednesday, December 2nd. The auction yielded $61,587,120.90, increasing the total amount of proceeds from RGGI auctions to more than $494.4 million.

All of the 28,591,698 allowances for the 2009 vintage offered in Wednesday’s auction sold at a price of $2.05. Unsold allowances for the 2012 vintage year may be sold in future auctions according to each state’s regulations. Read more

Jul

13

Obama’s carbon emission bill to licence pollution and fraud

Filed Under Obama Cap and Trade, US Carbon Market, US Carbon Trading | Comments Off

On May 15, HR 2454: American Clean Energy and Security Act of 2009 was introduced in the US House of Representatives, purportedly “To create clean energy jobs, achieve energy independence, reduce global warming pollution and transition to a clean energy economy”.

In fact, it’s to let corporate polluters reap huge windfall profits by charging consumers more for energy and fuel, and create a new bubble through carbon trading derivatives speculation.  Read more

Jul

8

WGA Corrects NTU’s False Characterizations

Filed Under US Carbon Market, Western Climate Initiative | Comments Off

Following is the text of a letter issued on July 6 correcting the National Taxpayers Union’s repeated false characterizations of the Western Governors’ Association practice and integrity with regard to work on the Western Climate Initiative. The letter was signed by Govs. Brian Schweitzer (Mont.), WGA Chairman, and C.L. “Butch” Otter (Idaho), WGA Vice Chairman.  Read more

Jul

6

RGGI, Inc. to Host Webinar on Bidding Process for Fifth RGGI Auction

Filed Under RGGI, Regional Greenhouse Gas Initiative, US Carbon Auction, US Carbon Market | Comments Off

The Regional Greenhouse Gas Initiative, Inc. (RGGI, Inc.) will host a free webinar to review bidding procedures for the fifth auction for RGGI CO2 allowances to be held on September 9, 2009. The webinar will be open to all.

WHAT:
The two-hour webinar will review the auction format, forms that need to be submitted, and bidder qualification processes. No questions will be taken during the webinar.  Read more

Jul

2

Coalition for the Green Bank Congratulates House Members for Passage of American Clean Energy and Security Act of 2009

Filed Under ACES Bill, US Carbon Cap and Trade, US Carbon Market, US Carbon Trading | Comments Off

The Coalition for the Green Bank today congratulates Speaker of the House Nancy Pelosi, Representative Henry A. Waxman, Chairman of the House Committee on Energy and Commerce Committee, Representative Chris Van Hollen, and Representatives Edward Markey, John D Dingell and Jay Inslee on the passage of the American Clean Energy and Security Act of 2009 (H.R. 2454), an Act that will steer America towards a clean and renewable energy future.

In particular, the Coalition congratulates Representative Van Hollen for his work as the author of the original Green Bank Act proposed in March. Represented in the American Clean Energy and Security Act as the Clean Energy Deployment Administration (CEDA), the Green Bank will serve as an essential catalyst for the Read more

Jun

30

Chicago Climate Exchange® Issues Statement on Passage of American Clean Energy and Security Act

Filed Under ACES Act, American Clean Energy and Security Act, Carbon Cap and Trade, Carbon Trading, Chicago Climate Exchange, US Carbon Market | Comments Off

Chairman and Founder of the Chicago Climate Exchange Inc.® Dr. Richard L. Sandor issued the following statement today on House passage of the American Clean Energy and Security Act of 2009:

“The Chicago Climate Exchange appreciates the hard work put in by Chairmen Waxman, Markey, Peterson and others to pass this important legislation. This bill is a great first step for creating green jobs, reducing carbon emissions and securing America’s energy independence. It recognizes the valuable role a market mechanism can play in achieving emissions reduction goals at least cost to consumers. Read more

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