Shannondale earns $1 million-plus from California’s carbon credit market Seven years ago Shannondale Minister Jeff Fulk was full of desperate prayers. His rural mission in north Shannon County had a proud history, but was teetering on the edge of ruin. Although its tree farm had stood since 1949, its future was in question due to
Read moreCalifornia to Extend Cap-and-Trade System to 2050 California Gov. Jerry Brown’s administration yesterday released a plan to extend the state’s landmark cap-and-trade program in a bid to slash greenhouse gas emissions through midcentury. The California Air Resources Board (ARB) proposed amendments to the program yesterday evening that envision a carbon market through 2050 with increasing
Read moreOregon Could Widen Carbon Trading across North America Oregon regulators are studying how to design an economywide carbon cap-and-trade system that would be able to link with other similar programs in neighboring states and provinces. While a bill to actually implement a cap-and-trade system eluded state lawmakers in the legislative session that ended in March,
Read moreDuke’s Carbon Offset Investments Boosts Trees in Wilson DURHAM, NC – Duke University has helped plant 40 trees in Wilson,70 miles from its own wooded campus. These trees are part of a new program implemented to absorb carbon dioxide emissions and improve air quality in the city. The university is working with Urban Offsets, a
Read moreCalifornia to examine Washington carbon proposal California will examine whether Washington’s carbon proposal is compatible with its existing cap-and-trade program, and if a proposed one-way linkage could be supported, officials have told ICIS. Washington officials unveiled a new carbon proposal on Wednesday that would require industrial, fuel and power sector sources that emit more than
Read moreOntario Announces Significant Climate Change, Cap-and-Trade, GHG Emissions Legislative Developments On May 18, 2016, the Ontario government (Government) passed the Climate Change Mitigation and Low-carbon Economy Act, 2016 (Act). The Government says that the Act’s objective is to make the province accountable for transparently investing proceeds from the cap-and-trade program into actions that reduce greenhouse
Read moreCARBON MARKETS: Can trading save the Amazon? One morning two days before Christmas in 1988, Chico Mendes, the leader of a group of rubber tree tappers, walked into his backyard to take a shower. That was his routine. Two gunmen were waiting for him there, and when he appeared, they stitched his tall body with
Read moreIETA presses for rapid steps to further international emission trade Carbon trading business association IETA is urging governments to build on the Paris Agreement by furthering rules to stimulate international emissions trade. In a paper published on Tuesday, IETA outlined its vision for linking cap-and-trade systems, crediting emission reductions, and allowing limited trade of offsets
Read moreCalifornia ponders expanding cap and trade to Brazil With feathers adorning his head and red paint decorating his face, Haru Kuntanawa hardly looked like a potential business partner for California’s oil industry when he addressed the crowd gathered last week in a Sacramento conference room. But under a plan state air regulators are considering, industries
Read moreClimate Action 2016 Summit: What Role Will Business Play? In terms of reaching a global climate deal, COP21 was a success. More than 175 countries have since signed the Paris agreement, and hundreds of business have committed to purchasing renewable energy and reducing their carbon emissions. Now what? Beginning May 5, more than 700 corporate
Read moreUS: Washington moving forward with carbon proposal Washington state is still working towards creating a carbon program by 2017, and state officials expect a new set of draft regulations to be released in mid-to-late May. Washington Governor Jay Inslee directed the Department of Ecology to develop a carbon market in July 2015, and the Department
Read moreClimate Policy Is Coming. Is Business Prepared? Businesses can expect stricter carbon pollution regulations coming soon — and that’s not necessarily a bad thing, according to some. We saw this reasoning explained in companies’ briefs supporting the EPA’s Clean Power Plan last week, with major tech firms Apple, Google, Amazon and Microsoft, along with Ikea
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