Climate 411

The auction results are in: Washington state’s cap-and-invest program is off to a strong start

This blog was co-authored by Delia Novak, Western States Climate Policy Intern, U.S. Region

Today, the Washington State Department of Ecology (ECY) released the results from Washington’s first cap-and-invest auction held last Tuesday, February 28. The results of this auction indicate long-term confidence in the program from covered entities and are an encouraging sign of what’s to come from the Evergreen State. Additionally, the ECY summary report shows that the auction operated smoothly, with oversight and regulatory mechanisms in place to ensure the integrity of the auction and ease of interface for bidders.

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Posted in Carbon Markets, Cities and states, Economics, Energy, Greenhouse Gas Emissions, Policy, Science / Comments are closed

Western Climate Initiative auction underlines upcoming opportunities to strengthen the program

California landscape

Photo Credit: Canva

This blog was co-authored by Delia Novak, Western States Climate Policy Intern, U.S. Region

Results of the latest Western Climate Initiative auction were released today, and while the solid demand for allowances indicates a stable market, there are hints of uncertainty about next steps for the cap-and-trade program. Now that the California Air Resources Board has a new Climate Change Scoping Plan in place, the state has key opportunities this year to strengthen this marquee climate program and to consider joining forces with other states.

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Posted in California, Carbon Markets, Cities and states, Energy, Greenhouse Gas Emissions, Policy / Comments are closed

Washington state is holding its first cap-and-invest auction. Here’s what to expect.

Photo of the Asgard Pass in Washington state.

Photo Credit: Getty Images

Blog co-authored by Kjellen Belcher, Manager, U.S. Climate

Washington state is getting ready for an exciting development in its new nation-leading climate program, the Climate Commitment Act, which is slated to deliver healthier air, more clean energy jobs and a safer climate future for communities.

After experiencing costly and historic wildfires, heat waves and flooding — all within the past few years — Washington communities are ready for this cap-and-invest program to fast-track the transition to a stronger and more equitable, clean economy. Now, the program will take a major step forward with Washington’s first allowance auction to be held on February 28.

Here’s what you should know about the program and how the allowance auction works. Read More »

Posted in Carbon Markets, Cities and states, Economics, Energy, Greenhouse Gas Emissions, Health, News, Policy / Comments are closed

Make no mistake: Current “regulatory reform” efforts in Pennsylvania could threaten vital environmental protections

pollution from a smokestack

Photo credit: Pexels

Healthy air, clean drinking water and pollution-free lakes and rivers are, unsurprisingly, broadly supported priorities across Pennsylvania. Environmental regulations are put in place to protect these very priorities – to safeguard the health of Pennsylvania communities and their environment from toxic pollutants and other damages. While much more progress is needed, new regulations can help address a myriad of environmental challenges, like the recently finalized rule setting limits for two types of toxic PFAS substances, known as “forever chemicals,” which will help address Pennsylvania’s widespread PFAS drinking water contamination.

It is well-established that the benefits of environmental protections to human health and the economy are significant. Looking at federal clean air protections, a comprehensive US EPA analysis projected that the benefits of the 1990 Clean Air Act Amendments, which cut a variety of air pollutants across sectors, exceed the costs of meeting the standards by a factor of 30 to 1. The study valued the benefits at $2 trillion in 2020 alone, including from the prevention of 230,000 unnecessary deaths. Additionally, an analysis by NRDC found that the monetized health benefits of the Clean Air Act were $160-320 billion in 2020 in Pennsylvania.

But once again, some legislators are debating how to curtail expert agencies’ ability to put forth regulations that protect Pennsylvanians. This time, they are considering a dangerous amendment to the Pennsylvania Constitution that would shift the balance of power toward polluters and powerful companies and away from experts, the public and stakeholders who help inform their development. This could impact environmental protections in addition to protections designed to support and protect labor, consumers, childcare centers, health care providers, schools, and more.

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Posted in Cities and states, Policy / Comments are closed

4 reasons why Colorado legislators should strengthen the state’s climate targets

Photo Credit: Getty Images

This blog was co-authored by Alex DeGolia, Director, U.S. Climate.

Last month, Colorado’s Senate Transportation and Energy Committee approved SB 23-16 — a wide-ranging bill that strengthens Colorado’s commitment to cut statewide climate pollution beyond 2030. It would put new targets in law requiring cuts of at least 65% by 2035, 80% by 2040, 90% by 2045, and strengthen the state’s 2050 target to ensure a 100% cut in pollution by 2050.

This climate bill arrives at a moment of great urgency and opportunity for the state.

As Colorado faces down the consequences of more climate change-fueled impacts, like droughts and wildfires, Coloradans are looking to their leaders to raise the state’s climate ambition and secure a safer, healthier future for their communities. At the same time, Colorado now has more opportunity than ever before to make that ambition a reality, thanks to billions in federal climate and clean energy investments from the Inflation Reduction Act.

Here are 4 reasons why the legislature should pass these ambitious climate targets:

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Posted in Cities and states, Greenhouse Gas Emissions, News, Policy, Science / Read 2 Responses

Making the most of our climate investments: 4 lessons learned from new research

Photo Credit: Canva

This blog was co-authored by Morgan Rote, Director, U.S. Climate.

In the last year, the U.S. secured historic investments from the Infrastructure Investment and Jobs Act (IIJA), Inflation Reduction Act (IRA), and CHIPs and Science Act that position our country to drive transformational progress on emissions, energy security and jobs in clean energy and manufacturing. Getting those laws through Congress to President Biden’s desk was no easy feat — they’ve been decades in the making — and the next chapter may be just as challenging: implementing those clean energy and innovation investments swiftly and fairly across the nation.

To ensure these laws make the impact we need this decade, federal agencies like the Department of Energy need to design, build and evaluate programs that maximize this funding. Two reports commissioned by EDF offer valuable insights and recommendations on how to best design and evaluate clean energy and innovation programs.

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Posted in Cities and states, Energy, Innovation, Policy / Read 1 Response