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Tag Archives: cap-and-trade
Forecasting Supply and Demand in California’s Cap and Trade Market
Today we are taking the unusual step of posting in advance a draft paper that will be presented at the Energy Institute’s POWER research conference on March 22. The paper is “Forecasting Demand and Supply in California’s Cap and Trade … Continue reading
With cross-state cap-and-trade, challenges await the next EPA administrator
Last week, President Obama nominated Gina McCarthy to be the new EPA administrator. If confirmed, McCarthy will be looking to break ground with new carbon dioxide regulations for power plants and rules of the road for hydraulic fracturing. But she … Continue reading
California Holds Its Second Cap and Trade Auction: Signs of a Maturing Market
The California Air Resources Board (ARB) held its second auction for greenhouse gas allowances this past Tuesday (Feb 19th). Severin blogged about his reactions to the first auction held back in November 2012 here. As a quick refresher, in the … Continue reading
A Ton is Never Really a Ton
I was recently on a panel at the “Australia US Dialogue on Carbon Pricing.” The focus was on linking the various markets for C02 that exist around the world. For those of you not enmeshed in the exciting world of … Continue reading
Lomborg vs. Obama
Bjorn Lomborg has a history of getting under environmentalists’ skin. His most recent op-ed in the Wall Street Journal, in which he labels Obama a climate alarmist based on a few sentences from his inaugural address, is likely to provoke more anger … Continue reading
California holds its first cap and trade auction
The first auction of allowances for California’s cap and trade market took place on Wednesday November 14 and the results were released on Monday. The state auctioned off allowances for vintage 2013 and 2015 (an allowance can be used in … Continue reading
Pricing Carbon in California : A Complicated Problem with No Simple Solution
In a couple of weeks, California will hold the first auction of greenhouse gas emissions permits. This auction is notable and newsworthy as it effectively sets in motion the world’s second largest greenhouse gas emissions trading program. But it represents … Continue reading