Expert solutions for climate change mitigation
We provide credible, impartial, and actionable assessment
with the goal of cutting greenhouse gas emissions to near zero
We inform decisions by combining legal, policy, and technical analyses
Near Zero comments on the California Energy Commission’s proposal for greenhouse gas accounting by retail electricity suppliers in the Power Source Disclosure Program.
We present a method for tracking the private bank of compliance instruments, showing the extent to which allowance overallocation is manifesting
Danny Cullenward, Michael Mastrandrea, and Mason Inman of Near Zero, together with Geeta Persad of Union of Concerned Scientists, commented on the Aliso Canyon Mitigation Agreement regarding the 2015-2016 Aliso Canyon natural gas leak.
Ontario’s exit exacerbates allowance overallocation in the Western Climate Initiative cap-and-trade program
New data show that the net result of Ontario’s brief participation in California and Québec’s cap-and-trade program was to inflate the program’s supply by 13.2 million allowances, adding to concerns about allowance overallocation.
Danny Cullenward and Shelley Welton published a paper forthcoming in the Yale Journal on Regulation Bulletin (Sept. 2018) discussing recent actions by FERC and implications for state energy and climate policies. A digital preprint is now available.
Managing the excess supply of allowances in California’s cap-and-trade program is arguably the most important question affecting the design of ARB’s post-2020 market
Sign up for the Near Zero newsletter to get notices about our latest reports, new blog posts, and more.
“California Gov-elect Gavin Newsom faces pressure to cut $77 billion high-speed rail project after audit,” CNBC
Covering California’s high-speed rail project and future funding from the cap-and-trade program, Jeff Daniels of CNBC spoke with Near Zero’s Danny Cullenward
“There’s no question the state is taking bold action in several critical areas, but the idea that we’re on track for our current statewide goals and therefore ready to credibly increase ambition is misplaced.” Near Zero’s Danny Cullenward, speaking with The Intercept about California climate policy.
Covering climate policy and California’s carbon market, Debra Kahn of E&E News spoke with Near Zero’s Danny Cullenward, an author of the recent report of the state’s Independent Emissions Market Advisory Committee
“California is in the interesting situation of exploring the path to deep decarbonization.” Near Zero’s Danny Cullenward, speaking to The Christian Science Monitor about subnational climate policy action and California’s leading role.
“California advances an ambitious climate policy that should be a model for the world,” MIT Technology Review
Covering the passage of SB 100, a California bill requiring 100% of the state’s electricity to come from zero-carbon sources by 2045, MIT Technology Review spoke with Near Zero’s Danny Cullenward.
“The number of allowances offered for sale at auction right now is significantly higher than covered emissions are going to be. When people buy all of the allowances, oversupply is growing because we’re offering more allowances than people need in the short term.” Covering California’s cap-and-trade market, E&E News spoke with Near Zero’s Danny Cullenward.
Covering the Trump administration’s proposal to freeze vehicle fuel efficiency standards, E&E News spoke with Near Zero’s Danny Cullenward.
Covering grid regionalization in the West, Vox’s David Roberts spoke with Near Zero’s Danny Cullenward.
“California’s plan to integrate the West Coast grid is a great idea – that could easily backfire,” MIT Technology Review
“The Federal Energy Regulatory Commission, which oversees grid operators, is working to ‘actively distort energy markets to punish states taking steps to prioritize clean energy.'” Covering grid regionalization in the West, MIT Technology Review spoke with Near Zero’s Danny Cullenward.
In discussions of California climate bill SB 775, one of the issues that has drawn the most criticism—and frankly, the most inaccurate criticism—regards linking the state’s cap-and-trade market with similar markets in other jurisdictions
Near Zero’s Danny Cullenward testified before the California Senate, commenting on ways of extending the state’s carbon pricing policy
California enacted one of the world’s most ambitious greenhouse gas reduction targets—achieving this goal will be a tremendous challenge