Carbon Offsets Daily

Daily carbon offset news, insight, community.

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  • Published: Apr 16th, 2011
  • Category: USA
  • Comments: None

Koch Bros. Influence Felt in New Jersey as Governor Weighs Carbon Market Exit

New Jersey Governor Chris Christie is re-evaluating the state’s participation in a regional carbon trading program and could opt to withdraw within a few weeks.

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  • Published: Mar 10th, 2011
  • Category: USA
  • Comments: None

Carbon dioxide allowances likely to clear auction at price floor

The Regional Greenhouse Gas Initiative will auction carbon dioxide allowances Wednesday that power plants in 10 US northeast and Mid-Atlantic states can use to comply with the region’s greenhouse gas cap-and-trade program in 2011 and 2014.

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Global carbon market value edged up in 2010

(Reuters) – The value of the global market in carbon emissions permits edged up 1 percent in 2010 to 92 billion euros ($120.9 billion), said Point Carbon, a Thomson Reuters company, on Thursday.

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  • Published: Aug 14th, 2010
  • Category: USA
  • Comments: 4

Carbon Auction Yields $28.9 Million

| Sourced From Enviro.blr |

The New York State Department of Environmental Conservations (DEC) participation in another quarterly auction of carbon dioxide pollution allowances has yielded approximately $29.8 million for New York State. This eighth auction conducted by the 10 states participating in the Regional Greenhouse Gas Initiative (RGGI) generated a total of $80.5 million to invest in the clean energy economy.

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  • Published: Apr 16th, 2010
  • Category: USA
  • Comments: 4

Northeast states to auction 42.8M in carbon permits

The states participating in the Regional Greenhouse Gas Initiative, called RGGI, said today that they will be offering 40.6 million in CO2 allowances for sale at their eighth auction on June 9.

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Press Release: World Energy Supports Seventh Successful RGGI Carbon Dioxide Allowances Auction

WORCESTER, MA, March 16 /PRNewswire-FirstCall/ – World Energy Solutions, Inc. (NASDAQ: XWES; TSX: XWE), an operator of online exchanges for energy and green commodities, today announced it has successfully supported the first quarterly auction of carbon dioxide (CO2) allowances in 2010, and seventh overall, administered by Regional Greenhouse Gas Initiative, Inc. (RGGI, Inc.) on March 10, 2010.

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  • Published: Dec 6th, 2009
  • Category: USA
  • Comments: None

Carbon permit prices fall in U.S. RGGI auction

WASHINGTON, Dec 4 (Reuters) – Prices for utility permits to emit the greenhouse gas carbon dioxide in the U.S. East fell in the sixth quarterly auction of the allowances, states in the regional market said on Friday.

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MEDIA ALERT: RGGI, Inc. to Host Webinar on Bidding Process for Sixth RGGI Auction

Title: MEDIA ALERT: RGGI, Inc. to Host Webinar on Bidding Process for Sixth RGGI Auction
Location: Web
Link out: Click here
Description: NEW YORK, October 5, 2009 — The Regional Greenhouse Gas Initiative, Inc. (RGGI, Inc.) will host a free webinar to review bidding procedures for the sixth auction for RGGI CO2 allowances to be held on December 2, 2009. The webinar will be open to all.

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  • Published: Sep 17th, 2009
  • Category: USA
  • Comments: None

R.I. gets carbon tax money

| Sourced From Projo.com |

The sale of millions of dollars in regional carbon credits last week means another $1.2 million will be added to the $5.9 million already set aside for Rhode Island to use for new energy-efficiency programs.

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Carbon Dioxide Emissions Allowance Prices Fall Sharply in RGGI Auction

| Sourced From Marketwire.com |

SUGAR LAND, TX–(Marketwire – September 14, 2009) – Researched by Industrial Info Resources (Sugar Land, Texas) — The price for carbon dioxide emissions allowances fell sharply last week in an auction among states participating in the Regional Greenhouse Gas Initiative (RGGI).

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  • Published: Sep 7th, 2009
  • Category: UK
  • Comments: None

Barclays shifts U.S. RGGI carbon trade to London

NEW YORK, Sept 4 (Reuters) – Investment bank Barclays Capital has shifted its trading of U.S. Northeast carbon allowances to its London desk after a trader in New York left the company, the bank’s head of environmental markets said.

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Market for RGGI CO2 Allowances Competitive and Efficient

| Sourced From

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  • Published: Jul 14th, 2009
  • Category: USA
  • Comments: None

RGGI Participating States Open Fifth Auction Cycle with Release of Application Materials

| Sourced From RGGI.org |

July 14, 2009 (New York, NY)– The ten Northeast and Mid-Atlantic states participating in the Regional Greenhouse Gas Initiative (RGGI) today released the Auction Notice and application materials for their fifth regional carbon dioxide (CO2) allowance auction, scheduled for September 9, 2009.

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  • Published: Jun 14th, 2009
  • Category: USA
  • Comments: None

ERA Applications

| Sourced From Rggi.org |

The states participating in the Regional Greenhouse Gas Initiative (RGGI) have received the following applications for early reduction CO2 allowances (ERAs) under each state’s CO2 Budget Trading Program.

Note that the totals presented below represent the amount of ERAs requested; no ERAs have been awarded to date. ERA applications are subject to the approval of the state regulatory agency to which they are submitted. Participating states have until December 31, 2009, to determine whether and in what number ERAs should be awarded for a respective application. Any ERAs awarded would be awarded in addition to the regional cap.

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  • Published: May 22nd, 2009
  • Category: USA
  • Comments: None

Offsets a better guide than RGGI for US carbon prices

| Sourced From Carbon-FinanceOnline.com |

Voluntary carbon offset prices are a better indicator of potential prices in a US federal cap-and-trade regime than the current north-east regional programme, according to Harold Buchanan, managing partner at environmental investment manager CE2 Capital Partners.

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UPDATE: Model Application Materials for RGGI Offsets Now Available Online

| Sourced From RGGI.Org |

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Report: RGGI Trading Volumes Grow in First Quarter of 2009

| Sourced From RGGI.Org |

For Immediate Release Contact:Emilee PierceMay 7, 2009 212-417-3179 Report: RGGI Trading Volumes Grow in First Quarter of 2009 (New York, NY) — A report released today by the states participatingin the Regional Greenhouse Gas Initiative (RGGI) shows that the secondarymarket for RGGI CO2 allowances continues to mature.

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  • Published: Apr 22nd, 2009
  • Category: USA
  • Comments: None

RGGI States Honored by U.S. EPA

| Sourced From RGGI.org |

(NEW YORK, NY) — The ten Northeast and Mid-Atlantic states
participating in the Regional Greenhouse Gas Initiative (RGGI)
yesterday were awarded a Climate Protection Award from the United
States Environmental Protection Agency (EPA). The award recognizes
RGGI as a model for federal climate legislation and honors each
state as a global leader in protecting the climate.

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States Initiate Bidding Process for Fourth RGGI CO2 Allowance Auction

| Sourced From RGGI.Org |

For Immediate Release Contact:Emilee Pierce
April 13, 2009 212-417-3179

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Indec sues Regional Greenhouse Gas Initiative over carbon cap and trade program

| Sourced From Examiner |

Indec, a utility with power plants in the Northeast, has sued in the New York Federal District Court over the Constitutionality of the Regional Greenhouse Gas Initiative (RGGI). This is good news. The RGGI is an a new and untested voluntary state regulatory approach to GHG and Climate Change control. The Western Climate Change Initiative includes several Western States and Canadian Provinces stretching to Quebec on the East Coast. The Mid-Western Initiative is also a nascent regional effort. These gestating initiatives will greatly set the precedence for the Obama Administration, Congress, the Supreme Court and the EPA as a Federal cap and trade GHG program is fashioned over the next five years.

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  • Published: Mar 21st, 2009
  • Category: USA
  • Comments: None

Green Group Buys CO2 Emissions Permits to Retire Them

| Sourced From Environment News Service |

NEW YORK, New York, March 20, 2009 (ENS) – The first market-based, mandatory cap-and-trade program in the United States to reduce greenhouse gas emissions held its third auction of emissions allowances in a 10-state region from Maine to Maryland on Wednesday. Allowances for 1,000 tons of emissions were purchased by an environmental group, not for use but to remove them from the market.

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  • Published: Mar 20th, 2009
  • Category: USA
  • Comments: None

Chicago Climate Futures Exchange Announces Record Volume For March 2009

| Sourced From Mondo Visione |

Chicago Climate Futures Exchange

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States Release Results of Third Auction for RGGI CO2 Allowances

| Sourced From NewsLI |

(New York, N.Y.) The states participating in the Regional Greenhouse Gas Initiative (RGGI) today announced the results of the third auction for RGGI carbon dioxide (CO2) allowances. The March 18th auction was the first since compliance obligations under RGGIs first three-year control period began January 1, 2009.

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State seeks input on using carbon-credit auction revenue

| Sourced From Projo.com |

The state Office of Energy Resources is looking for comments on its plans for spending several million dollars it receives each year through its innovative auction of carbon credits that began last fall with the Regional Greenhouse Gas Initiative.

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  • Published: Mar 7th, 2009
  • Category: USA
  • Comments: None

Polluters To New York: We Want Carbon Credits For Free

| Sourced From The Business Insider |

David Patterson, governor of New York, is under pressure from industry to give away, not auction off carbon credits. Energy companies don’t want to pay extra for carbon credits. They tell the Governor that paying extra for the credits will lead to a rise in the cost of energy for New Yorkers.

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