March 6, 2018 by CaliforniaCarbon.info
(Source:Mondaq News) On December 14, 2017, the California Air Resources Board (“CARB”) approved the 2017 Final Scoping Plan Update. The Plan outlines CARB’s programs to achieve a 40 percent reduc- tion in greenhouse gas (“GHG”) emissions from 1990 levels by 2030 (as required by the passage of SB 32 in 2017). This article summarizes a few of the key components of the 2017 Final Scoping Plan Update, as well as changes from the January 2017 draft of the Plan.Renewable Energy. California’s Renewable Portfolio Standard (“RPS”) requires investor-owned utilities, publicly owned utili- ties, electric service providers, and community choice aggre- gators to source 50 percent of their electricity retail sales from eligible renewable energy resources. RPS also requires the state to double the cumulative statewide energy efficiency savings in electricity and natural gas end uses by 2030. Read full article…
StillwaterScope: California Cap and Trade 101
October 17, 2018
Weekly Commentary: V2021 sees a weekly increase of 4.8 million Open Interes...
October 15, 2018
Weekly Commentary: Jan20 delivery sees 2.7 million new open interest contra...
October 8, 2018
Short-term offset forecast: Upcoming CCO issuances
October 5, 2018