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Thursday, May 13, 2010
National: Senators Begin to Sound Off on 1,000-page Climate Bill -
Analysis, criticisms and compliments are underway with some fence-sitting senators surprisingly signaling interest in the bill.
Thursday, May 13, 2010
AB 32 Under Attack - US EPA GHG Regulation Looms -
AB 32 Under Attack - US EPA GHG Regulation Looms You're Invited! AB 32 Under Attack? US EPA GHG Regulation Looms Register Now http://info.hunton.com/ve/ZZ7281i75j62319965D7560/stype=click/OID=51051314378325/VT=0 Wednesday, June 9, 2010 Los Angeles, CA co-sponsored by: Hunton & Williams CantorCO2e With California and the US EPA aggressively moving forward with rulemaking, prospects for a federal climate change bill in doubt, and AB 32 coming under attack—uncertainty abounds. Climate change efforts are focusing on states, federal agencies and the courts. This seminar will go beyond the basics to discuss critical national developments, California's climate change future, and the implications for your company, including: What is the outlook for federal legislation and EPA rulemaking?What new requirements are emerging under the Clean Air Act and other regulatory programs?What is the future of cap and trade?How are the courts grappling with nuisance litigation and CEQA suits?Is California's climate change future dependent upon the pending race of Brown vs. Whitman?What AB-32 driven regulations are already impacting California?What factors are shaping renewable power's role in California's carbon restricted future?What are companies doing to comply with SEC policies on climate disclosure?How are companies preparing for potential new climate regulation, litigation, and low-carbon product demands? Millennium Biltmore Hotel Los Angeles http://info.hunton.com/ve/ZZ7281i75j62319965D7560/stype=click/OID=71051314378678/VT=0 506 South Grand Avenue Los Angeles, CA (800) 245-8673 Book Hotel Reservations Online http://info.hunton.com/ve/ZZ7281i75j62319965D7560/stype=click/OID=31051314378438/VT=0 $149.00 Hunton & Williams room rate View Agenda http://info.hunton.com/ve/ZZ7281i75j62319965D7560/stype=click/OID=91051314378916/VT=0 Confirmed Speakers: K.C. Bishop III, Ph.D., Chevron Corporation Harold Buchanan, CE2 Capital Partners LLC James Goldstene, California Air Resources Board Michael Hertel, So. Cal. Edison Co. Michael Ruffatto, North American Power Group Early Bird Registration (by May 25) $100, after May 25, $150. The registration fee includes breakfast and lunch. Space is limited, preference will be given to corporations and municipalities. Hunton & Williams LLP is a California State Bar approved MCLE Provider and certifies that this activity has been approved for 3.5 hours of general participatory credit. Questions? Please contact Christine Barth, cbarth@hunton.com, (804) 787-8186. mailto:cbarth@hunton.com?subject=Inquiry Regarding June 9th LA Climate Roundtable
Tuesday, May 11, 2010
National: Climate Bill Details Leaked Ahead of Wednesday Afternoon Release -
The climate bill will be released tomorrow (Wednesday) at 1:30 EDT. We summarize the bill’s key elements and share a leaked 21-page section-by-section summary of the bill.
Friday, May 7, 2010
National: Climate Bill to Be Released on Wednesday 5/12 -
Climate bill authors Senators Kerry and Lieberman announced today that the bill will be released next Wednesday with “a hell of a coalition” in the midst of Republican co-author Lindsay Graham sending mixed signals on immigration and offshore oil drilling.
Friday, May 7, 2010
States: California Referendum on AB 32 Submits Signatures to Qualify for November Ballot -
Seeking to repeal California’s climate change law, leaders for a referendum have submitted signatures to the state, seeking approval for a November ballot vote.
Friday, May 7, 2010
States: California Temporarily Suspends “T-REC” Rule -
The state of California temporarily suspended its “tradable renewable energy credit” (T-REC) rule on Thursday to respond to petitions seeking changes to the new rule by utilities and independent power producers.
Tuesday, April 27, 2010
National: Senate Majority Leader Reid Signals Climate Bill Will Move Ahead of Immigration Bill -
The smoke begins to clear after 48 hours of chaos since Senator Graham (R-SC) announced he would boycott the Senate climate bill he has helped co-author. Today, the Senate Democrat Leader appeared to blink first - sort of - by saying the climate bill will move ahead. We review today's latest developments and the maneuvering that continues behind the scenes - including an expected surprise this week that could bring another Republican vote in favor of the climate bill.
Tuesday, April 27, 2010
National: What to Expect in the New Climate Bill -
We share the latest bill elements from our sources in advance of a public unveiling in the next few days.
Tuesday, April 27, 2010
National: CFTC Will Not Regulate CCX Carbon Contracts -
On Tuesday, in a surprise decision, the Commodities Futures Trading Commission (CFTC) ruled that the Chicago Climate Exchange’s (CCX) spot carbon financial instrument (CFI) does not require oversight.
Tuesday, April 27, 2010
States: California Court Requires Additional GHG Analysis Prior to Refinery Expansion -
On Monday, a California Appellate Court found that Chevron must expand its environmental impact assessment for its planned Richmond, CA refinery expansion. In a trend expected to expand to other states and federal permitting, the court decision sent ripples through the refining and energy industries.
Tuesday, April 27, 2010
States: Utah Abandons Cap-and-Trade Under WCI -
Following the lead of Arizona, Utah Governor Gary Herbert (R) announced that Utah would not actively participate in the Western Climate Initiative’s (WCI) cap-and-trade system.
Tuesday, April 27, 2010
States: Wisconsin Legislature Abandons Clean Energy Legislation -
Wisconsin failed to adopt its strict clean energy bill that would have required utilities to use 25 percent renewable energy by 2025. Is the legislation completely dead? Not yet.
Tuesday, April 27, 2010
International: Australia Suspends Effort to Pass Carbon Trading Legislation -
In a shift reflecting the pummling that Austrailain economy has taken, the Australian Government announced that it would suspend its carbon-trading program until 2013.
Sunday, April 25, 2010
Breaking: Dispute Over Immigration Postpones Today’s Climate Bill Release, Putting it At Risk -
Over the weekend, the Monday release of the new climate bill was put on hold over a dispute about immigration legislation and its relative priority to climate legislation. Some are calling the climate bill dead, others calling it at risk, and still others are proclaiming this as standard maneuvering in an election year. We provide insight on just how alive or dead the climate bill may be.
Thursday, April 15, 2010
National: Climate Bill is a Go as US Senate Returns from Spring Recess -
With momentum building for an April 26th release date of draft legislation, negotiations intensify as the Senate leadership, the White House, industry and environmentalists get closer to a deal they can all live with. We update a number of recent developments going on behind the scenes.
Thursday, April 15, 2010
National: EPA Expected to Release Greenhouse Gas “Tailoring” Rule in May -
EPA’s controversial rule for stationary sources – expected to face litigation to force limits on sources emitting as little as 100 tons per year of greenhouse gas – is expected to be finalized next month.
Thursday, April 15, 2010
National: Energy Star Program to Undergo Rapid Revamp -
Following a recent critical GAO report that exposed vulnerabilities in the Energy Star Program, the EPA and Department of Energy announced that they would implement changes to address those criticisms.
Thursday, April 15, 2010
National: Corn Ethanol Continues Losing Political Favor -
For a variety of reasons, corn-based ethanol is losing its juggernaut status of 2008. In the past two years, anti-ethanol interests have shifted Washington D.C.’s attitude on ethanol from unconditional support to skepticism.
Thursday, April 15, 2010
Business: IBM to Require Suppliers to Track GHGs and Energy Use -
In an effort to butress itself against expected significant increases in its supply chain cost due to greenhouse gas control requirements, IBM will soon require its 28,000 suppliers and their subcontractors to implement management systems that collect data on greenhouse gas emissions, energy use, and waste.
Thursday, April 15, 2010
States: Wisconsin to Drop California Tailpipe Emission Standards from Clean Energy Bill -
With days left in Wisconsin’s legislative session, Wisconsin Democrats released a new draft of its climate change bill -- the “Clean Energy Jobs Act” -- dropping provisions that would restrict emissions from new cars similar to California’s tailpipe emission standards.
Thursday, April 15, 2010
International: China Continues to Favor Kyoto Protocol Over New Agreement -
The Chinese Foreign Ministry released statements advocating keeping the current Kyoto Protocol system in place in order to protect China’s developing nation status in the upcoming United Nations negotiations.
Friday, March 26, 2010
You're Invited! Navigating the American Carbon World... -
You're Invited! Navigating the American Carbon World... Planning to attend the Navigating the American Carbon World conference in San Francisco? Please join us for Cocktails with a City View Thursday, April 15, 2010 6:00 p.m. - 8:00 p.m. B Bar at Yerba Buena Gardens - http://www.bsanfrancisco.com/ 720 Howard Street San Francisco, California Space is limited. Register Now - http://www.magnetmail.net/forms/display_form.cfm?fid=23648&mid=958871&rid=116677042&rtype=mm&uid=Hunton  
Wednesday, March 24, 2010
National: New Climate Bill Builds Momentum before Official Release -
Before the outline for a new national climate bill is released by Senators Kerry, Graham and Lieberman, we have the details on what it contains and an update on behind-the-scenes maneuvering going on post-health care as the Senate prepares to tackle climate legislation.
Wednesday, March 24, 2010
National: Final GHG Tailpipe and CAFE Rules Nears End of Review at White House -
With one week to go before final GHG rules are released by EPA, the White House Office of Management and Budget (OMB) is doing its final review of EPA greenhouse gas tailpipe standards for cars and trucks as well as EPA/DOT corporate average fuel economy (CAFE). EPA’s final rules to cap greenhouse gas emissions from stationary sources are expected to arrive at OMB in the next few days to meet statutory deadlines for release.
Wednesday, March 24, 2010
National: EPA Clean Water Act Settlement Creates Potential for GHG Regulations -
A new settlement on ocean acidification between EPA and a national environmental group will force the federal agency to establish guidance expected to result in new federal and state regulation of greenhouse gas emissions.
Wednesday, March 24, 2010
BREAKING NEWS: California Reverses Course on Carbon Auction and Severe Offset Limits -
In a dramatic reversal, Governor Schwarzenegger has directed the state to back off of its plans to auction carbon allowances and severely limited carbon offset, instead embracing a free allowance allocation system and offset policies compatible with federal legislation and the European Union Emissions Trading Scheme. We provide insight to the surprise change that has industry breathing a sigh of relief as they prepare to comply with California’s AB 32 program.
Wednesday, March 24, 2010
States: New Jersey Diverts RGGI Revenue to Reduce State Budget Deficit -
Joining New York State in breaking public commitments, New Jersey plans to divert carbon auction revenue from the Regional Greenhouse Gas Initiative (RGGI). More states are expected to follow.
Wednesday, March 24, 2010
States: New Mexico Moves Forward on Cap and Trade Program to Participate in WCI -
Despite a legislative revolt occurring in the state, the Administration of Governor Bill Richardson (D) is moving forward under unique authority.
Wednesday, March 24, 2010
States: California Approves Tradable Renewable Energy Credits -
In a long-expected move, last week the California Public Utilities Commission (CPUC) authorized the use of tradable renewable energy credits (TRECs) for use in the California Renewables Portfolio Standard (RPS) program that requires 20% of retail electricity sales from renewable energy sources by 2010. With the announcement, CantorCO2e has expanded its existing nationwide REC brokering services to California TRECs for clients.
Wednesday, March 24, 2010
Regional: WCI Recommends Limiting Carbon Offsets – CA Decision May Change Outcome -
Following California’s lead, Western Climate Initiative (WCI) member states have released their recommendations to limit the use of carbon offsets in the regional cap-and-trade program. With California’s Thursday reversal on offset limits by Governor Schwarzenegger, the WCI limit is expected to be impacted.
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