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GreenX, ICE Launch Calif. Carbon Futures

Exchange firms GreenX and IntercontinentalExchanges have today launched futures contracts tied to the California carbon market. ICE announced that the first trade of the California Carbon Allowance forward contract took place this morning. The transaction was for 100 contracts between NRG Power Marketing LLC and Shell Energy North America (US) ... Read more »

Fleet Roundup: Fuel Standards, TVA, Mazda, Chevy, Nissan, McCain’s ‘Joke’

Here’s a round-up of the latest environmental fleet news. California has pushed back the launch date for its new fuel economy and greenhouse gas (GHG) standards from March to the autumn. Both California and federal U.S. standards will now debut by September 1, 2011. The U.S. Department of Transportation (DOT) ... Read more »

Dissecting California’s Cap-and-Trade Plan: What’s your Free Piece of the Carbon Pie?

It sounds like an old regulatory joke: Professional #1: “If the 8th largest economy in the world put a price on carbon and started a Cap and Trade Program, how many free allowances would you get?” Professional #2: “I don’t know. How many free allowances would I get?” But California ... Read more »

CARB Member Calls for Diesel Rule Review in ‘California’s Climategate’

A member of the California Air Resources Board (CARB) is calling for a review by independent researchers of the new diesel emissions rules for trucks and buses after learning that a researcher whose work contributed to the pollution standards in December 2008 falsified his credentials, reports the Mercury News. One ... Read more »

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