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Policy & Regulatory Briefing: Ethanol Deal, Light Bulbs, Mont. Pulls Out of Spill Clean-Up

Senators yesterday announced a compromise proposal to end a major tax break for the ethanol industry while extending incentives for production of cellulosic ethanol, for ethanol blender pumps at gas stations, and for small ethanol producers, the Hill reports. At a House subcommittee hearing, witness criticized the scientific and technical evaluations ... Read more »

Policy & Regulatory Briefing: Tea Party RGGI Suit, E15, Stimulus Project Audit

Investigators at the Treasury Department are auditing 14 of the 2,600 wind and solar projects that received incentive funds under the 2009 stimulus bill, Bloomberg reports. The audits will aim to determine whether the department “established (and followed) appropriate procedures for awarding the grants,” and whether developers met eligibility requirements, ... Read more »

New Jersey Quits RGGI, Bans Coal Plants

New Jersey governor Chris Christie has pulled the state from the Regional Greenhouse Gas Initiative (RGGI), the only mandatory cap-and-trade program in the U.S., while promising to ban new coal-fired plants in the state. Branding the RGGI a failure, Christie told a press conference yesterday that the state will withdraw ... Read more »

RGGI CO2 Allowance Auction Price Sinks to Lowest Level

The Regional Greenhouse Gas Initiative (RGGI) has announced the results (PDF) of its ninth auction of carbon dioxide allowances since it’s launch in 2008. The auction, held Wednesday, September 8, hit its lowest allowed level for allowance prices for the two-year old program, selling at $1.86 a ton, which indicates an ... Read more »

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