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Tuesday, January 12, 2010
States: State of California Eyes 100% Auction of Carbon Allowances -
An academic advisory committee established by Governor Schwarzenegger finalized their advice Monday on California’s rulemaking on cap and trade under its 2006 greenhouse gas law. The committee’s recommendations have sparked controversy and criticism that their adoption will actually lead to increased greenhouse gas emissions.
Friday, December 18, 2009
Obama Announces Copenhagen Climate “Agreement” -
The agreement between developing and developed countries is not legally binding, but does accomplish one thing: stirring controversy. We cover the details of the agreement.
Thursday, December 17, 2009
National: Expected Impact of Copenhagen on US Climate Legislation and Regulation -
The failure of countries to establish a legally binding treaty at the United Nations conference this week will create unique dynamics in the domestic debate over climate change legislation. We explore six potential consequences at the federal, state and regional levels.
Thursday, December 17, 2009
National: Obama Arrives in Copenhagen Amid Failure of Nations to Reach Substantive Climate Change Agreement -
Today President Obama joined over 100 heads of state in Copenhagen as world leaders try to reach some type of symbolic agreement on climate change in a last ditch effort to demonstrate success. We highlight the 11th-hour developments and expected outcomes.
Monday, December 7, 2009
EPA Issues Greenhouse Gas Endangerment Finding – In 4 Months Carbon Rules Final -
Today at 1:15 EST the EPA issued its final “Endangerment Finding” for greenhouse gases, allowing the federal government to finalize its rules for stationary and mobile sources in less than four months. Many expect litigation to force EPA to regulate millions of sources more than they propose.
Tuesday, November 24, 2009
States: California Releases "Preliminary Draft Regulation" for its Cap and Trade Program -
While vague on some details, California signals a cap and trade program much more stringent than draft federal legislation. We summarize the 123 page rule here.
Monday, November 16, 2009
Energy Risk and Risk Magazine Commodity Rankings 2010 survey now open. -
Tuesday, November 10, 2009
Carbon Neutrality of Biomass Combustion Being Questioned by Massachusetts -
In what may be the proverbial “camel’s nose under the tent” questioning the carbon neutrality of biomass combustion, the Commonwealth Massachusetts has signaled concerns and a change in its approach to biomass power generation. This change in policy has implications nationwide for the future of biomass combustion.
Tuesday, November 10, 2009
Regional Cap and Trade Programs Ask US Senate for Flexibility to Be More Stringent -
All three regional cap and trade programs – WCI, RGGI, and MGGRA -- asked US Senate staff yesterday to allow them to set more stringent reduction caps after a federal preemption expires under potential federal legislation.
Monday, November 9, 2009
National: EPA Sends Final Endangerment Finding to White House for Last Review -
In what one industry executive characterized as “arming the warhead,” the EPA sent its final “Endangerment Finding” to the White House Office of Management and Budget. If Congress fails to pass climate legislation, the Finding will give EPA the legal standing it needs to declare carbon a pollutant and move forward with regulation of stationary and mobile sources nationwide in less than 5 months.
Monday, November 9, 2009
National: Senate Finance Committee to Hold Hearing on Senate Climate Bill -
As strategies to move forward or defeat the Senate climate bill move rapidly forward, Senator Max Baucus’ influential Senate committee will hold hearings tomorrow as they start work on amending the climate legislation’s treatment of free allocation of carbon allowances.
Monday, November 9, 2009
Laugh of the Week: Country Music Takes on Climate Change and the American Lifestyle -
Toby Keith has something to sing about on climate change in his “American Ride” video. Look for cameos by Donald Trump’s comb-over and Al Gore in a Speedo – prior to his new book tour. Turn the speakers up and the computer monitor off for this one….
Thursday, November 5, 2009
National: Senator Stabenow Introduces Carbon Offset Amendment Expected to Win Broad Support -
In a move expected to build support for a climate bill among conservative Democrats, the agricultural industry and manufacturers, today Senator Debbie Stabenow (D-MI) released her draft “Clean Energy Partnership Act” with a number of Senate co-sponsors. We highlight the key components.
Thursday, November 5, 2009
National: Senate Panel Passes Climate Bill While Focus Shifts to “New” Climate Bill -
In a vote that indicates the Senate climate bill will undergo significant changes to improve its chance for passage, today the Senate Environment and Public Works (EPW) Committee passed its draft climate bill despite a GOP boycott that left only Committee Democrats to vote on the bill. We discuss expected changes and next steps for the new climate bill.
Wednesday, November 4, 2009
National: New Senate Climate Bill to Be Introduced as Boxer Bill Stalls -
In an effort to rescue the Senate climate bill -- prompted in part by yesterday’s election results and an ongoing Republican boycott of the Boxer-Kerry climate bill -- three senators announced their intention to introduce a new and separate climate bill. We highlight expected elements of the new climate bill.
Tuesday, November 3, 2009
Day 1 of Senate Climate Bill Mark Up: A Bumpy Start Thanks To Boycotts and the US Chamber of Commerce -
With Republicans continuing to boycott this afternoon’s markup over economic impact analyses, the Senate EPW committee used EPA testimony in an attempt to discredit its missing members. It was a short-lived effort when the Committee was suddenly caught off guard by a letter sent them by the US Chamber of Commerce about the bill.
Tuesday, November 3, 2009
Update on Mark Up Underway on the Senate Climate Bill -
The Senate Environment and Public Works Committee started its mark up of the Senate Climate Bill this morning with a lively give and take between boycotting panel Republicans and Democrats -- presaging the debate to come on the bill.
Monday, November 2, 2009
Update: Boxer to Proceed With Climate Bill Mark Up Tomorrow, Releases Revised Legislation -
With all seven Republican members of the Senate Environment and Public Work (EPW) Committee planning to boycott tomorrow’s scheduled “mark up” of the Senate Climate bill, committee chairman Barbara Boxer is planning to move forward to vote the bill out of committee.
Sunday, November 1, 2009
National: Republicans to Boycott Tuesday’s Mark up of the Senate Climate Bill, Threatening Passage -
A boycott by the seven Republican members of the Senate Environment and Public Works Committee, may block Tuesday’s mark up of the Senate climate bill.
Sunday, November 1, 2009
National: EPA Releases Draft GHG “Tailoring Rule” That Could Regulate Up To 6 Million Sources -
Now that EPA has formally launched its rulemaking process with a 60-day public comment period, the agency is just one step away from an irrevocable process to regulate greenhouse gases unless Congress intervenes.
Sunday, November 1, 2009
National: Comparing Senate and House Climate Bills: Less Free Carbon Allowances in Senate Version -
A number of “off-the-top” allocations reduce the total number of free allowances that can be distributed to all sources in the latest version of the Senate climate bill.
Sunday, November 1, 2009
National: SEC Guidance Empowers Investors on Corporate Climate Risk Disclosure -
A new decision by the Securities and Exchange Commission allows investors to more easily demand climate change disclosures from companies and is expected to open the flood gates on shareholder resolutions forcing corporate action on greenhouse gas emissions.
Sunday, November 1, 2009
National: Three Days of Hearings by Senate Panel Highlights Schisms and Consensus on Climate Bill ahead of Tuesday’s Mark Up -
With a mark up of the bill scheduled for this Tuesday, tempers flared, boycotts sputtered, disagreements emerged and common ground created during three days of testimony and senate speeches on the draft climate bill.
Monday, October 26, 2009
National: Revised Senate Climate Bill Released – Includes Allocation of Carbon Allowances to Industry -
With a late night release on Friday, Senator Boxer’s newest version of the bill allocates carbon allowances and makes changes to several sections – but not all the changes demanded by conservative Democrats and Republicans. We have a full summary here.
Monday, October 26, 2009
National: Senate Committee to Hear 3 Days of Testimony on Climate Bill -
This week the Senate Environment and Public Works Committee will hold three days of marathon hearings with over 50 witnesses expressing their opions on the Senate climate bill.
Monday, October 26, 2009
National: EPA Releases Analysis of Revised Climate Bill -
At the same time the revised Senate climate bill was released, EPA released its analysis of the bill. Almost immediately it was criticized by some Senators. We summarize of the analysis’ key major findings.
Monday, October 26, 2009
California: Toyota Seeks Carbon Credits for its Electric and Plug-In Hybrid Cars -
Toyota is seeking to shift allocation of California carbon emission credits from electric utilities to automakers that produce rechargeable cars.
Sunday, October 25, 2009
International: President Obama and Chinese President Hu Jintao Discuss Copenhagen Climate Meeting -
The two Presidents discuss Copenhagen and stronger cooperation.
Sunday, October 25, 2009
International: China and India Enter Pact to Collaborate on Climate Talks -
China and India send a strong signal of unification on their climate negotiating positions, now and in the future.
Sunday, October 25, 2009
International: South American Nations Agree to Stop Deforestation -
South American countries agree to to halt deforestation by 2020.
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