Cap and Trade

New Hampshire Senate Alters State Cap and Trade Program

The New Hampshire State Senate voted 18-6 to amend the state's cap and trade program, witch is part of the Regional Greenhouse Gas Initiative (RGGI), to allow utility companies more control over the use of auction proceeds for energy efficiency. The bill also changes a consumer rebate formula that would slightly decrease monthly rates for consumers. The bill now goes to the House, where leaders are unsure of its prospects as their body passed legislation requiring a repeal of the entire cap and trade program rather than just changing administrative functions.


California’s Prop 23: Why it Matters to the Nation

On November 2nd, Californians will vote “yes” or “no” on Proposition 23.  Prop 23 seeks to suspend AB 32, the California Global Warming Solutions Act of 2006, which aims to reduce greenhouse gas emissions to 1990 levels by 2020 through, among other things, increased use of renewable energy and pollution controls until state unemployment (currently at 12.4%) is sustained at 5.5% for 4 consecutive quarters.  That has only happened 3 times in the last 34 years.


National Renewable Electricity Standard Introduced, Dismissed

No sooner was the Renewable Electricity Promotion Act of 2010, sponsored by Sens. Bingaman (D- NM) and Brownback (R- KS), introduced in the Senate last week than it was dismissed as being unlikely to proceed by one of its key sponsors.


China, Climate Change and the US Position

China is now the world’s largest emitter of greenhouse gases (GHG) which contribute to climate change.  But, China has refused to enter into international agreements capping its GHGs - basically because it doesn’t want to be bound by any agreement that potentially limits the expansion of its economy.  However, the nation is taking steps to limit those emissions by shutting down polluting plants and installing cleaner equipment.


New Greenhouse Gas Emissions Regulations

The U.S. Environmental Protection Agency will regulate greenhouse gas emissions for the first time.  Power plants and other large-scale facilities must use the latest technologies to mitigate greenhouse gas emissions to meet the EPA’s air quality standards.  States are required to modify their permitting rules or the EPA will step in and issue permits under the new rule.  Meanwhile, Congress prefers legislative action rather than command-and-control regulation.


EPA Poised to Regulate Power Gen, Other GHG Emissions in Wake of Failed Congressional Attempt

The Environmental Protection Agency (EPA) will begin regulating greenhouse gas (GHG) emissions solely for the first time on July 1, 2011 under authority of the Clean Air Act.


Take Your State’s Transportation System to the Next Level

Today, Sean Slone and I release our latest report, Green Transportation.  The report highlights several initiatives states are taking to green-up their transportation system, including developing alternative fuels and electric vehicle infrastructure, as well as adopting policies that seek to reduce the overall number of vehicles on the road.


Climate Change Legislation is Dead

As I previously predicted, climate change legislation is dead in 2010.   Senate Majority Leader Harry Reid announced that there will be no bill this session that would cap emissions of greenhouse gases.


China’s Number One Energy Consumer in the World; Could Pose Problems for the US

China officially passes the United States as the world’s largest energy consumer, according to the International Energy Agency, although the US is still the world’s leader in energy consumed per capita by a considerable margin.  However, that per capita gap is expected to decrease as the Chinese economy becomes wealthier and consumers purchase more energy intensive products.