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Thursday, February 3, 2011
California Cap and Trade Law Challenged In Court -
A State Lower Court has tentatively ruled that the California Air Resources Board (CARB) failed to evaluate alternative ways to regulate carbon other than through a carbon cap and trade program.
Wednesday, February 2, 2011
Federal Climate Legislation Veto Threat by Obama Administration -
During a Wednesday Congressional Hearing EPA Administrator Lisa Jackson reaffirmed the Obama Administration’s veto threat of any legislation that limits the agency’s ability to regulate greenhouse gas emissions.
Tuesday, January 25, 2011
Bolthouse Farms - Auction of Santa Barbara NOx Emission Reduction Credits (ERCs) -
Greetings Potential Bidder- On behalf of Bolthouse Farms, CantorCO2e is pleased to announce the auction of Santa Barbara NOx Emission Reduction Credits (ERCs). This sealed bid auction will be held on February 11, 2011.  The link below will allow you to access all the relevant Auction documents, including: - Auction Notice (http://www.cantorco2e.com/uploadDocs/Bolthouse/Bolthouse_Cantor-Auction.pdf) - Authorization Form (http://www.cantorco2e.com/uploadDocs/Bolthouse/Bolthouse_Cantor-Authorization-Form-Attachment-A.pdf) - Intent to Bid Form (http://www.cantorco2e.com/uploadDocs/Bolthouse/Bolthouse_Cantor-Intent-to-Bid-Attachment-A.pdf) - ERC Background (http://www.cantorco2e.com/uploadDocs/Bolthouse/Bolthouse_Cantor-Attachment-B.pdf) All questions should be directed back to this email address, leaving the subject line unchanged.  For further information you may contact Patrick Pfeiffer directly at 415.296.1432. Best Regards, CantorCO2e
Thursday, December 23, 2010
National: EPA Expanding GHG Rules under NSPS -
Today the Agency announced its plan for establishing greenhouse gas (GHG) pollution standards under the Clean Air Act’s New Source Performance Standards (NSPS) in 2011. The agency is focusing on the fossil fuel power plants and petroleum refineries—two of the largest industrial sources, representing nearly 40 percent of the GHG emissions in the United States.
Thursday, December 23, 2010
National: EPA to take over GHG regulation in Texas -
As expected, this week the U.S. EPA informed the state of Texas it will take over permitting for the state's Prevention of Significant Deterioration (PSD) program that regulates greenhouse gas emissions.
Thursday, December 16, 2010
Breaking News: California Passes Sweeping Cap and Trade Rule -
A few minutes ago, The California Air Resources Board (CARB) approved its sweeping greenhouse gas trading rule. CARB vote was 9-1 in favor with no major modifications to the rule. During the next two months CARB staff will propose modifications for approval by the Board after a 15 day comment period. As companies prepare for compliance, purchase and sale of carbon offsets is expected to increase significantly following a month of active trading and price climbs. Contact Allan Bedwell at abedwell@cantorco2e.com for a summary of the rule
Thursday, December 16, 2010
California Finalizes Cap and Trade Rule - More Changes in Store -
Today the California Air Resources Board is expected to finalize its Cap and Trade Regulation, the most aggressive greenhouse gas regulation in the U.S. Over the next two months CARB staff will propose amendments to the rule to refine it as the state prepares for launch of the economy-wide cap and trade program in 12 months. In anticipation of today's rule approval approximately 2 million tons of greenhouse gas offsets have been traded in the last month. We summarize today’s action as well as likely amendments.
Friday, October 29, 2010
Breaking News: California Releases Draft GHG Cap & Trade Rule -
In a complex, convoluted, and costly rulemaking, today California released its draft GHG cap and trade regulations. Industry is already reacting strongly to the stringent program that establishes offset limits and creates a minimum price for carbon credits. CantorCO2e summarizes the entire rule and identifies its major impacts.
Thursday, August 12, 2010
National: EPA Threatens to Take Over GHG Permitting from Reluctant States -
Today EPA proposed two new rules to enforce and implement its new GHG Tailoring Rule. With some states stridently protesting the Tailoring Rule, these new rules will allow EPA to step in and take over facility permitting by establishing a federal permitting program. EPA identified 13 states that need to make changes to their state implementation programs.
Thursday, August 12, 2010
National: Senator Reid Signals Potential Broader Energy Bill -
Responding to criticism about the narrowness of the oil-spill bill, Senate Majority Leader Harry Reid (D-NV) indicated that the bill he has delayed until September could expand it focus beyond natural gas and electric vehicles, home energy efficiency and oil exploration liability.
Thursday, August 12, 2010
National: Senators Seek More Aggressive Acid Rain Policy in New CAIR Legislation -
Senator Tom Carper (D-DE) has teamed with Senator Lamar Alexander (R-TN) to tackle power plant emissions by replacing the EPA’s Clean Air Interstate Rule (CAIR).
Thursday, August 12, 2010
International: EU Emissions Trading Scheme Prepares for Phase III of Cap and Trade -
As the European Union Emissions Trading Scheme (EU ETS) moves toward implementing its Phase III, decisions are being made and debate continues on key elements.
Monday, August 2, 2010
Breaking News: EPA Sued by Center for Biological Diversity To Force Regulation Of Up To 6 Million GHG Sources -
In what is expected to be a landmark federal court case on climate, today the advocacy group Center for Biological Diversity (CBD) filed suit against the U.S. EPA over its GHG "tailoring rule." CBD, which has a successful track record on federal GHG law suits, is asking the federal courts to review EPA's implementation of their new rule under the Clean Air Act -- an action that could result in federal courts requiring the agency to regulate GHG-emitting sources emitting as little as 100 tons per year. CantorCO2e identifies potential ripple effects.
Thursday, July 29, 2010
National: Senate Democrats May Add Climate Provisions to Oil Spill Bill in Conference Committee -
White House Press Secretary Robert Gibbs suggested this week that climate provisions could be added to the Senate oil spill bill, saying “I don’t think the bill is essentially dead for the year.” Gibbs boss, President Obama also said that he would continue the push for Climate legislation.
Thursday, July 29, 2010
National: With Federal Climate Legislation on Hold, States, Regions, Countries, and the EPA Move Forward on GHG Regulation -
A federal cap and trade program may not have made it through the Senate this summer, but this market-based mechanism to control carbon emissions is continuing to expand at the state, regional and national and international level. With announcements this week in the U.S. and Canada, cap and trade programs are planned to expand from 10 states to 12 states and 3 Canadian provinces in 17 months. Same too for the EU and China.
Thursday, July 29, 2010
National: Senate and House Release Draft “Spill Bills” Replacing Energy/Climate Bill -
After dropping climate and energy provisions from the legislation, Senate Majority Leader Harry Reid released a pared-down “Spill Bill” that focuses mostly on increasing oil spill liability and a small number of energy provisions. A companion bill has also been drafted in the House.
Thursday, July 29, 2010
National: EPA Rejects GHG Endangerment Challenges -
On Thursday, the U.S. EPA denied 10 petitions challenging its controversial and far-reaching endangerment finding for GHG, opening the way for litigation and continued agency implementation of carbon regulations.
Thursday, July 29, 2010
Regional: Western Climate Initiative Releases Cap and Trade Program Design -
The Western Climate Initiative (WCI) released its draft program design on Tuesday providing operational guidelines for WCI member state and provinces as they develop and implement their respective cap and trade programs.
Thursday, July 29, 2010
International: British Columbia Releases Draft Cap and Trade Regulations -
Thursday British Columbia released two draft regulations for a province-wide cap and trade program and offset program that will launch January of 2012. The provincial cap and trade program will enable BC to participate in WCI.
Thursday, July 29, 2010
International: EU Drafts Carbon Auction Law for 2012 -
The EU has released a draft regulation on auctioning carbon allowances in the EU Emissions Trading Scheme (ETS) beginning in 2012 which is the start of Phase III of the EU ETS.
Thursday, July 29, 2010
International: United Nations Drafts Alternative Plans to Extend Kyoto Protocol beyond 2012 -
The U.N. Framework Convention on Climate Change (UNFCCC) has released options for dealing with the sunset of the Kyoto Protocol in 2012.
Thursday, July 29, 2010
International: China to Launch Carbon Cap and Trade Program after 2011 -
The Chinese government has made the decision to establish a national cap and trade program.
Thursday, July 29, 2010
International: Canadian National Government Signals Support for Provincial and WCI Cap and Trade Programs -
Following Tuesday’s announcement that Ontario, Quebec and British Columbia will join with California and New Mexico to establish a regional carbon cap and trade program as part of the Western Climate Initiative (WCI), the federal Conservative government expressed its support.
Thursday, July 22, 2010
National: Senate Postpones Debate on Climate Bill until Fall -
Senate Majority Leader Harry Reid (D-NV) has delayed debate on climate legislation until later this fall and instead will present a small oil spill response and energy bill for debate by the Senate next week.
Tuesday, July 13, 2010
National: Sen. Reid to Introduce Energy Bill with Utility Carbon Cap -
This afternoon Senate Majority Leader Harry Reid (D-NV) confirmed that he will bring energy legislation with carbon limits on electric power plants to the floor of the Senate the week of July 26th. In addition, a 50-page discussion draft of Senator Bingaman’s utility-only carbon cap legislation was leaked last night.
Tuesday, July 13, 2010
States: New Poll Shows California Referendum to Revoke AB 32 Trailing -
A July 9th Field Poll of likely California voters found a majority opposed to Proposition 23, the measure to suspend California’s climate change law, AB32. With implications for the California Governor and Senate race, the numbers indicate what direction candidates and voters may in the next few months leading to November’s elections.
Friday, July 9, 2010
National: Climate Bill Options Under Development -
Next week after Senate Democrats return from their 4th of July recess, they will be given options to choose from on a climate-energy-oil spill bill, with the overall strategy of forcing the hand of fence-sitting senators.
Friday, July 9, 2010
National: Federal Court Accepts EPA Request to Delay GHG Endangerment Challenges -
The US Court of Appeals for the District of Columbia Circuit has granted an EPA motion to delay several pending court challenges to the agency’s greenhouse gas “endangerment finding.”
Friday, July 9, 2010
National: EPA’s Clean Air Transport Rule Creates a “Triple Witching Hour” of Criteria, Mercury and Carbon Regs for Coal Fired Utilities -
This week EPA released a redrafted 2005 Clean Air Interstate Rule (CAIR) which plans to reduce emissions from power plants in the eastern U.S by as much a 71% for SO2 and 52% for NOx emissions below 2005 levels by 2014. With EPA’s recently released greenhouse gas tailoring rule, its forthcoming mercury MACT rule, and expected litigation, a large number of coal fired power plants are expected to shut down in the next few years. A new study estimates the costs could be as high as $750 billion.
Friday, July 9, 2010
National: EPA issues GHG Reporting Requirements for Four Facility Types -
On Monday, EPA will publish its expanded its mandatory reporting requirements for greenhouse gas emissions from four new facility types as well as establishing confidentiality provisions.
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