carbon markets


Virginia Coastal Protection Act: New UCS Analysis Highlights Opportunity for Carbon Revenue

, senior energy analyst

Update (February 8, 2016): The analysis has been updated using the most up-to-date Renewable Energy Deployment System (ReEDS) model from the National Renewable Energy Laboratory. Learn more.


 

Virginia’s General Assembly has just started a whirlwind two-month session, and will be considering significant legislation that would help the state raise revenues from a carbon trading program, to be used for investments in coastal resilience, energy efficiency, renewable energy, and economic development. Today UCS released an analysis that finds that Virginia could generate an average of $251 million annually by participating in a similar carbon trading program. Read more >

Bookmark and Share

Four Challenges for China’s Cap and Trade Program

, president

When Congress failed to pass national climate legislation in 2010, many said that marked the end of so-called “cap and trade” programs, —in which government sets an overall limit on pollution and issues pollution “allowances” that individual companies can use or trade with others. The naysayers couldn’t be more wrong, as demonstrated by the recent announcement that China will start a national cap and trade program in 2017 as a primary tool to lower its emissions of the heat trapping gases that cause global warming. Read more >

Bookmark and Share

Forests and Carbon Markets: Time for a New Argument

, scientific adviser, Climate and Energy

Soon after I moved from academia into the NGO world in 2007, to work on ending tropical deforestation, I was warned about the fierce argument about whether carbon markets should have any connection with forests and reducing deforestation. Colleagues told me: this is a divisive subject and has been a constant source of tension within the NGO community and beyond. It nearly sank the Kyoto Protocol and led to the breakdown of the UN climate negotiations in The Hague in 2000. Getting involved in it is a sure-fire way to lose friends and irritate people. Avoid it as much as you can.

Read more >

Bookmark and Share