Dec

7

Climate Change Policy Survey

Filed Under Cap and Trade, Carbon Tax |  

The U.S. Climate Task Force (CTF) and Future 500 recently released a new survey conducted by Hart Research, which demonstrates that a straightforward tax on carbon is the favorite policy option for addressing climate change among American voters.

The study, which was commissioned and paid for by Future 500, polled over 1,000 registered voters across the country and offers the first insight into the U.S. public’s opinion of cap and trade as well as other policy options, like a carbon tax.  The result

Dec

5

RGGI States Complete Sixth Successful CO2 Auction

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

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

Dec

1

Tradition Markets Largest Agriculture Methane Carbon Offset Basket in California

Filed Under Carbon Offsets, Carbon Trading |  

Tradition, a leading interdealer broker and a subsidiary of Compagnie Financiere Tradition, announced today it has been awarded the exclusive mandate to market the largest agricultural methane carbon offset basket in California to date. The project was originated by L2i Financial Solutions Consultant (L2i), a non-traditional corporate financing firm. The basket consists of 28 Dairy Methane projects in the San Joaquin Valley that were successfully validated through the Voluntary Carbon Standard (VCS), of which a portion has already been allocated to buyers. Read more

Nov

25

New members elected to RGGI board

Filed Under RGGI, Regional Greenhouse Gas Initiative |  

The Regional Greenhouse Gas Initiative, Inc. (RGGI, Inc.) has announced the election of new members to the Executive Committee of its Board of Directors.

The new members will serve a one-year term from November 1, 2009. The Executive Committee acts on behalf of the Board of Directors to oversee the activities of RGGI, Inc.

The Committee draws upon commissioners of environmental and energy agencies from across the RGGI region. Read more

Nov

24

California Preliminary Draft Cap-and-Trade Climate Regulation Praised

Filed Under Western Climate Initiative |  

Environmental Defense Fund praised the California Air Resources Board (CARB) for its preliminary draft regulation (PDR) to reduce global warming pollution in the state. The PDR outlines key concepts the agency is considering as it designs a comprehensive cap-and-trade program.   Read more

Sep

25

FIRST U.S. CARBON MARKET REACHES 1 YEAR MILESTONE

Filed Under RGGI, Regional Greenhouse Gas Initiative, US Carbon Markets |  

States Release Results of Fifth Auction Held since September 2008

2009 Vintage Allowances Sold at $2.19
2012 Vintage Allowances Sold at $1.87

(NEW YORK, NY) — The states participating in the nation’s first cap-and-trade system for greenhouse gases conducted their fifth regional auction of carbon dioxide (CO2) allowances Wednesday, September 9th. The auction marks one year since the debut of the Regional Greenhouse Gas Initiative (RGGI) auctions and brings the total amount of proceeds to more than $432.7 million since September of 2008.

Wednesday’s auction yielded a total of $66,278,239.35 from the sale of 28,408,945 allowances for the 2009 vintage and 2,172,540 allowances for the 2012 vintage. Read more

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