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Near Zero comments on the California Energy Commission’s proposal for greenhouse gas accounting by retail electricity suppliers in the Power Source Disclosure Program.
Near Zero comments on the serious risk that excess allowances in the cap-and-trade program will frustrate its ability to deliver the emission reductions called for in the 2017 Scoping Plan, a potential loophole in the proposed definition of “direct environmental benefits” for carbon offsets, and the need to work toward a science-based policy strategy.
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.
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“California’s planet-warming emissions declined in 2017, even as its biggest pollution source keeps rising,” Los Angeles Times
Covering the latest data on California’s economy-wide greenhouse gas emissions, Tony Barboza of the Los Angeles Times spoke with Near Zero’s Danny Cullenward.
In an article on Sonoma Clean Power, Mary Fricker of Sonoma West Times & News spoke with Near Zero’s Danny Cullenward.
Covering California’s agreement with four major carmakers on tailpipe emissions standards, Rachel Becker of CalMatters spoke with Near Zero’s Danny Cullenward.
In an article on the use of cap-and-trade revenues to pay for clean drinking water, Kevin Stark of KQED spoke with Near Zero’s Danny Cullenward.
“Why fighting for clean water with climate change money worries some California lawmakers,” CalMatters
In an article on the use of cap-and-trade revenues to pay for clean drinking water, Rachel Becker of CalMatters spoke with Near Zero’s Danny Cullenward.
Covering Oregon’s consideration of cap-and-trade legislation and relationship to California’s program, Rachel Becker of CALmatters spoke with Near Zero’s Danny Cullenward.
“Big polluters get help from the state, renewing doubts about California’s climate goals,” CALmatters
Covering updates to California’s cap-and-trade program and the potential for oversupply in the program to interfere with achieving California’s ambitious emission reductions goals, Julie Cart of CALmatters spoke with Near Zero’s Danny Cullenward.
Providing in-depth coverage of California’s climate policies and flagship cap-and-trade program, Dave Roberts of Vox spoke with Near Zero’s Danny Cullenward, and drew heavily on Near Zero’s work on cap-and-trade implementation in California.
“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
Results from the May 2019 WCI auction are now available. Both current and advance auctions sold out in full, at prices slightly higher than in recent auctions. The current auction settled at its highest price ever, $17.45, noticeably higher than the...
In his capacity as the Senate appointee to the state’s Independent Emissions Market Advisory Committee, Near Zero’s Danny Cullenward testified before a California Senate Environmental Quality Committee hearing.
California’s Cap and Trade Program is expected to be a significant source of revenue in the coming years.