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.
In California’s cap-and-trade system, banking of emissions instruments is limited only by participants’ willingness to use capital
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
For California to achieve deep cuts in greenhouse gas emissions, in line with a recent bill, SB 32, will require building a broad coalition to back the needed steps.
Even though the office I work in is full of people claiming to be willing to sacrifice a little bit for the greater good, we can’t get people to cooperate enough to maintain a steady flow of drinkable coffee.
In May, California’s quarterly cap-and-trade auction imploded. California’s cap-and-trade policy is widely seen as the leading example of state carbon pricing. So what happened?
Sign up for the Near Zero newsletter to get notices about our latest reports, new blog posts, and more.