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California Cap-and-Trade

Carbon Pollution Funds Poised to Deliver on Advancing Clean Energy in California

January 11, 2014 by NRDC Switchboard

Governor Brown’s administration made public yesterday details of the first expenditure plan for revenues generated from the sale of carbon pollution allowances under California’s cap-and-trade program. The plan proposes to spend $850 million to expand clean energy.[read more]

California Cap And Trade Expanding In 2014 After Successful 2013

December 9, 2013 by Silvio Marcacci
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Cali Cap and Trade

California’s cap and trade market will be expanding in 2014 after a very successful first year of operations that quelled fears of a possible European Union-style carbon allowance glut while powering a clean energy economic boom.[read more]

Third California Cap And Trade Auction Sells Out, At Record Price

May 25, 2013 by Silvio Marcacci
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California cap and trade

California's third carbon allowance auction was held last week, and businesses snapped up all available 2013 permits, setting a record price level in the process.[read more]

In Need of a Nudge? Carbon Tax and Making Polluters Pay

May 2, 2013 by Gernot Wagner
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Nudges are the best kinds of policy interventions: minimum intrusion, maximum freedom of choice, maximum relative impact. But one area in which this idea comes up short is global warming. That solution would be making polluters pay.[read more]

Will California Be the Next Big Shale Oil Play?

January 23, 2013 by Geoffrey Styles

California Flag via Shutterstock

I've spent the last couple of weeks contemplating California's Monterey shale, which has been widely discussed recently as the country's next Bakken-style oil play, or even bigger. The Bakken shale has turned North Dakota into the second-biggest oil-producing state in the US, at the same time that development of the Eagle Ford shale has been shoring up Texas's claim to the number one spot.[read more]

Can We Link Emissions Trading Programs To Advance Climate Policy?

December 18, 2012 by Scott Burgess

Despite some modest steps forward, the UN Climate Change Conference in Doha was a reminder of the slow-paced nature of international negotiations. Progress is being made at the domestic level, however, and in many cases, the policy of choice is emissions trading.The European Union and Australia have announced plans to link their trading systems, and California and Quebec are working toward linking theirs.[read more]

While International Climate Negotiations Continue, the World’s Ninth Largest Economy Takes an Important Step Forward

December 3, 2012 by Robert Stavins
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Windmills in California via Shutterstock

A little more than two weeks ago, while some 195 nations prepared to meet in Doha, Qatar, for the Eighteenth Conference of the Parties (COP-18) of the United Nations Framework Convention on Climate Change (UNFCCC) in an ongoing effort to hammer out a durable scheme of effective international cooperation, the ninth largest economy in the...[read more]

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Is California’s Cap-and-Trade Program the Solution to Reducing U.S. Carbon Emissions?

November 26, 2012 by John Miller
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Golden Gate Bridge via Shutterstock

Cap-and-trade is strongly advocated as an ultimate solution to reducing U.S. carbon emissions. California led the country by passing the Global Warming Solution Act (AB32), which creates an instate carbon cap-and-trade program. AB32 enforcement begins next year by capping Power and Industrial sectors’ carbon emissions. To sustain operations each facility must reduce carbon emissions or purchase carbon allowances at auction.[read more]

Cap-and-Trade a Reality in California

November 21, 2012 by Tom Schueneman
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The concept of a cap-and-trade CO2 throttling system is not new, or without widespread support.  However it has been slow to catch on with the Federal government, and slightly faster with state governments. The system is widely used in Europe, as are many global warming driven initiatives.There is no price for the right to pollute...[read more]

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Can Cap-and-Trade Actually Reduce World Carbon Emissions?

November 14, 2012 by John Miller

The U.S. successfully developed one of the first cap-and-trade programs. Based in part on this success a similar process was incorporated into the Kyoto Protocol. How successful can the Kyoto Protocol cap-and-trade program actually reduce future world carbon emissions?[read more]

U.S. could have Cap & Trade by 2016 – if California succeeds.

November 12, 2012 by Jim Pierobon
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Think the U.S. could use tens of billions of dollars of brand new revenue to address its budget and debt challenges? And do you think newly re-elected President Obama might take a run at a bonafide climate strategy as part of his legacy by 2016? If California's Cap-and-Trade system succeeds, the response to both of those questions might actually be 'yes'.[read more]