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Domestic policy

Domestic policy

EU backs work on 30% cut

EU nations today welcomed the executive’s plan to map out how the bloc could deepen its CO2 goal.

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Electric cars can slash US GHGs

Every 10 million electric cars on the road would cut 5-20 million tonnes of GHGs, an expert said.

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Wait for Senate climate bill continues

Senators crafting a climate bill won’t release anything this week, sources said Monday.

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Japan carbon bill sheds little light on offset demand

Japan’s draft carbon bill leaves demand for post-2012 offsets highly uncertain, observers say.

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NZ to fail on carbon emissions: report

New Zealand’s carbon emissions from power plants will rise despite government policies.

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Groups pan US export agency’s carbon plan

Groups slammed a federal credit agency for failing to curb funding of fossil-fuel deals abroad.

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UK gives nod to CCS designs

The UK has granted funding to energy firms Eon and ScottishPower for their clean coal designs.

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RGGI 2010 allowances fetch $2.07 in auction

RGGI 2010 allowances sold for $2.07 in the cap-and-trade scheme’s first auction of this year.

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Japanese factory operation rate on the rise

Japan’s factory operation rate rose 26 per cent in January from a year ago, data showed today.

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Japan's cabinet approves climate bill

The cabinet today approved a climate bill that paves the way for emissions trading.

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RGGI dips 1% ahead of Friday’s auction result

RGGI benchmark allowances closed at $2.12 ahead of tomorrow’s auction result.

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Early California offset demand may outweigh supply

Demand for offsets for compliance with California carbon caps could total 10 million credits per year.

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Alberta offsets seen in C$8-13 range

Alberta emitters have paid C$8-13 on average for offsets to comply with the province's carbon caps.

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Utilities-only carbon market still liquid: analysts

A cap-and-trade scheme for the US electric sector could create strong demand for allowances.

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Update: Governors oppose EPA greenhouse gas regulation

Twenty US governors have asked Congress to prevent federal regulation of greenhouse gases.

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