Author page: Lynn Floyd

Senate introduces bipartisan bill to help farmers, forestry, and reduce air pollution A bill introduced in the Senate on Thursday will improve the agriculture and forestry sectors’ ability to reduce air pollution. The Growing Climate Solutions Act of 2020, led by Senators Debbie Stabenow (D-MI), Mike Braun (R-IN), Sheldon Whitehouse (D-RI), and Lindsey Graham (R-SC) sets

Read more

Atmospheric CO2 reaches peak level at NOAA observatory The level of atmospheric carbon dioxide observed at a government facility in Hawaii reached a new peak in May, scientists from National Atmospheric and Oceanic Administration (NOAA) and the University of California San Diego said Thursday.  Last month, that the concentration of carbon dioxide in the atmosphere recording at the at

Read more

Forest Service releases state-by-state details on carbon emissions

Forest Service releases state-by-state details on carbon emissions For the first time, the USDA Forest Service has publicized state-by-state statistics on carbon emissions.  The report provides an overview of the status and trends of emissions, as well details on forest and urban tree removals, for 49 states across the country.  Grant Domke is a research forester with Forest Inventory

Read more

$1.1 Billion Raised in Record Breaking Carbon Auction Sellout The California Air Resources Board held another sellout auction in the first quarter of 2020, as all 65.7 million California Carbon Allowances (CCAs) were purchased. Current vintage CCAs reached a settlement price of $17.87, an all-time high and well above the floor price of $16.68.  All

Read more

Oregon Revamps Carbon Pricing Proposal for New Legislative Session Today, state representatives in Oregon are convening for the first time this year, which means that Governor Kate Brown has just 35 days to mobilize support for her carbon pricing push before the legislative session ends. This year’s bill to implement an economy-wide cap-and-trade system is familiar to Oregon legislators,

Read more

Develop your green thumb by taking home a free tree from New Hanover County TreeFest WILMINGTON, N.C. (WECT) – The county is teaming up with the state forest service and UNCW to host the 23rd annual TreeFest. The event will be held Friday, January 17, and Saturday, Jan. 18 from 10 a.m. to 5 p.m.

Read more

Carbon Auction Sellout Raises Nearly $1.3 Billion The California Air Resources Board held another successful auction in November, witnessing a sellout of all 76.4 million California Carbon Allowances (CCAs) up for sale. Current vintage CCAs reached a settlement price of $17.00, well above the floor price of $15.62.  All 67.4 million available current vintage CCAs

Read more

UN climate talks aim to pave way for global carbon market BERLIN — On a cold afternoon in late November, Jan Gerrit Otterpohl eyes the chimneys of Berlin’s Heizkraftwerk Mitte, a state-of-the-art power plant that supplies the city with heat and electricity. It’s not the billowing steam he’s interested in, but the largely invisible carbon dioxide that

Read more

Saving the earth through the free market What if I told you there was a viable, free-market-based approach to saving the earth? Here’s how we do it: by selling carbon offset credits in the cap-and-trade market. Since 1898, Berea College has maintained a forest along the borders of Madison, Jackson and Rockcastle counties. Today, this

Read more

How the aviation industry’s carbon offsetting system will work International airlines are counting on a global carbon offsetting plan to cap CO2 emissions from air travel at 2020 levels, mitigating the environmental impact of flying even as passenger traffic is forecast to grow. The plan, known as Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), is

Read more

California Cap-and-Trade Investments: $914 million in 6 Months The most recent auction in California’s cap-and-trade program, which puts a price on emissions, showed a strong market for carbon allowances now and into the near future. The California Air Resources Board announced this week that the money from those auctions is being invested at a quickening pace.

Read more

Carbon Auction Sellout Raises $1.2 Billion The California Air Resources Board held another successful auction this month, witnessing a sellout of all 75.3M California Carbon Allowances (CCAs) up for sale. Current vintage CCAs reached a settlement price of $17.16, well above the floor price of $15.62.  All 66.3 million available current vintage CCAs sold out,

Read more