Tag Archives: California Air Resources Board

Google Technology to Help Prevent Deforestation

Google, in partnership with the University of Maryland and the UN Environment Programme, has developed a tool to help prevent deforestation. Global Forest Watch 2.0, which will launch later this year, is an interactive, real-time, forest monitoring system. It uses … Continue reading

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California Carbon Price Surpasses Expectations

California raised about $176 million selling GHG emissions permits in its second carbon auction, with businesses paying $13.62 per metric ton of carbon, exceeding analysts’ expectations and selling at $2.91 above the reserve price. The state sold all of its … Continue reading

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N. American Carbon Markets to ‘More Than Double’ This Year

This year, North American carbon markets will more than double in value to $2.5 billion, according to market intelligence firm Thomson Reuters Point Carbon. The growth will be driven by activity in California, whose market will increase over four-fold year-on-year … Continue reading

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Schindler, UPS Deploy 600 Alternative Vehicles

Schindler Elevator Corporation and logistics firm UPS have announced separate initiatives that will add a total of 600 alternative fuel vehicles to their fleets. Schindler is replacing more than 500 internal combustion sedans in its North American vehicle fleet with … Continue reading

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California Cuts GHGs for Third Year

California’s greenhouse gas emissions dropped for the third straight year with power plants, cement facilities, oil refineries, general combustion sources and other facilities emitting 111 million tons of CO2e in 2011, according to numbers released by the California Air Resources … Continue reading

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Edison Mix-Up Skews CARB Auction Demand

California sold all of the carbon permits in its first auction in part due to an administrative error by Edison International that caused the company to bid for twice as many allowances as were for sale, Bloomberg reports. Edison, which … Continue reading

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School Bus Retrofits ‘Can Cut Emissions Up To 90%’

For between $9,000 and $15,000 each, older school buses can be fitted with tailpipe and crankcase filters that reduce soot emissions by up to 90 percent, according to an Environmental Defense Fund report. This makes the old buses as clean … Continue reading

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Calif. Carbon Priced at $10.09 in First Auction

California’s inaugural sale of greenhouse gas permits under the state’s new cap-and-trade system raised nearly $300 million with emitting businesses paying $10.09 per metric ton for the right to release carbon in 2013. All of the 23.1 million permits offered … Continue reading

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California Emissions Auction Kicks Off Amid Lawsuit, Low Trading Price

California will hold its first auction to sell carbon credits Wednesday amid growing political opposition, rule changes and legal threats that have already dampened carbon trading prices. The California Cap-and Trade Program Greenhouse Gas Allowance Auction will offer 23,126,110 year … Continue reading

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Policy & Enforcement Briefing: CARB Auction, US Carbon Tax, Chevron Assets Seizure

Here’s the latest policy, enforcement and legal news affecting corporate environmental and energy executives. Today’s briefing includes nine items. California will sell more than 60 million CO2 emission permits in a November 14 auction to launch its carbon market, the … Continue reading

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