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industrial plant emissions

Will New Analysis Raise US Business Support for Carbon Pricing Policy?

As global companies increasingly rally behind putting a price on carbon, new analysis from the World Resources Institute finds a carbon price — either a carbon tax or cap-and-trade program — would reduce emissions even more than the US Energy Information Administration has predicted. In WRI’s new issue brief, Putting … Read more »

Companies Spend More Than $1bn in Carbon Auction

High-emitting companies spent more than $1 billion on carbon allowances in California and Quebec’s most recent carbon auction, the second since the two jurisdictions linked their cap-and-trade programs. The California Air Resources Board said participants in the Feb. 18 auction paid $12.21 per credit to emit CO2 this year and … Read more »

California capitol

Carbon Auction Raises $331.8M

California raised $331.8 million at its latest carbon auction, held Aug. 18. The state’s eighth cap-and-trade auction sold all 22.5 million allowances to release carbon emissions this year, with companies paying $11.50 a ton for the 2014 carbon credits. The state also sold an additional 6.5 million permits that can’t … Read more »

CA Cap and Trade Webinar

California Carbon Market Webinar

Join ICIS and Environmental Leader for a free carbon market webinar, Wednesday, June 4 at 2pm EDT/11am PDT. As part of California’s Assembly Bill 32, the California cap-and-trade program seeks to reduce greenhouse gas emissions to 1990 levels. By placing a hard cap on emissions and setting up a market-based … Read more »

ClimeCo Acquires Environmental Consulting Firm

ClimeCo has acquired environmental consulting firm Resolute Environmental. The companies say the acquisition will expand the scope of ClimeCo’s environmental commodity service platform and Resolute Environmental clients will gain advisory, trade, finance. and investment services. ClimeCo says it is the largest producer of US voluntary carbon credits under the Climate Action … Read more »