Climate 411

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

By Caroline Jones / Published: March 7, 2023

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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Also posted in Cities and states, Economics, Energy, Greenhouse Gas Emissions, Policy, Science / Comments are closed

Western Climate Initiative auction underlines upcoming opportunities to strengthen the program

By Caroline Jones / Published: February 23, 2023
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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Also posted in California, 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.

By Caroline Jones / Published: February 22, 2023
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 »

Also posted in Cities and states, Economics, Energy, Greenhouse Gas Emissions, Health, News, Policy / Comments are closed

Minnesota’s 100% clean electricity bill could start a new era for climate action in the state

By Alex DeGolia / Published: January 24, 2023

Photo Credit: Getty Images

This legislative session, Minnesota state leaders wasted no time getting to work on a strong clean electricity bill that achieves 100% carbon-free electricity by 2040, reduces health-harming air pollution, builds more good-paying jobs and sets the stage for economy-wide, climate action.

Pro-climate leaders have pushed for years to reclaim Minnesota’s early lead on climate action, when it passed the strongest renewable energy standard in the country back in 2007. Now, with pro-climate trifectas across the state’s Senate, House and governor’s office, as well as strong voter support for climate action, they have a major opportunity — and a mandate — to get it done.

Here’s why legislators and Governor Waltz should seize this moment to get Minnesota on the path to 100% clean electricity and leverage this policy to put in place strong limits on climate pollution capable of meeting the state’s climate goals.

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Also posted in Cities and states, Energy, Health, Jobs, Policy / Comments are closed

Don’t miss the forest for the trees

By Breanna Lujan / Published: January 24, 2023

Ecuadorian Amazon. Photo by Leslie Von Pless/EDF

High-quality tropical forest carbon credits are essential to combatting climate change, advancing community-led development and safeguarding biodiversity.

This post was written by Mark Moroge, Vice President, Natural Climate Solutions and Breanna Lujan, Senior Manager, Natural Climate Solutions. This is an exerpt of a post published in EDF+Business. Read the full post here.

If you’re a company, navigating the tropical forest carbon credit marketplace can be daunting, particularly in a complex media landscape.

How should you do it?

First, don’t miss the forest for the trees. We must halt and reverse tropical deforestation by 2030 to prevent the worst impacts of climate change. We need to use all the tools in our toolbox.

Private sector finance is key to tackling deforestation at the pace and scale the world needs. As a company, you should decarbonize your own operations as quickly as possible. Alongside this, purchase high-quality tropical forest carbon credits. Such credits are an essential means to stabilize our climate and safeguard biodiversity. Revenues can also improve the lives and livelihoods of some of the world’s most vulnerable forest peoples, including Indigenous Peoples and local communities, who’ve long struggled for just recognition of their conservation efforts.

Second, do your due diligence – both of your tropical forest carbon credit purchases, and of the information you consume about the tropical forest carbon marketplace. Both matter, and both support the evolution of forest carbon markets towards ever increasing integrity and quality. Read the full post here.

Also posted in Forest protection, Indigenous People, International, REDD+ / Comments are closed

Michigan voters want to see more climate action this legislative session

By Alex DeGolia / Published: January 18, 2023

Photo Credit: Steven Kriemadis

This November, Michigan Governor Gretchen Whitmer won her bid for reelection and for the first time in 40 years, Democrats gained a majority in the state house and senate.

With this historic win comes historic opportunity. In the legislative session that started last week, Michigan has the chance to follow through on the climate goals set during Gov Whitmer’s first term with strong policies capable of ensuring a safer climate and healthier communities for decades to come. Recent polling commissioned by EDF Action underscores that voters are ready for state leaders to meet this moment by stepping up action on climate and clean energy.

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Also posted in Cities and states, Economics, Energy, Health, Policy / Comments are closed