On April 16, 2013 the members of the European Parliament voted 334-315 against the proposal of the European Union (EU) Commission to suspend future auctions of EU emission trading scheme (EU ETS) allowances until 2019 in...more
A second lawsuit has been filed challenging one of the centerpieces of California’s innovative cap-and-trade climate change regulatory program: the auction process implemented by the California Air Resources Board (CARB) to...more
By December 2012, with the approval of the Environmental Protection Agency (“EPA”), California was on the fast track to begin mandating the sale of zero-emission vehicles (“ZEVs”). Promulgated regulations require over 1.4...more
The California Air Resources Board just released the results of its second auction of GHG allowances. While the auction for vintage 2013 allowances was still healthy, with all allowances sold at $13.62/allowance, the future...more
In This Issue: Environmental and Policy Focus - Looking ahead: Obama's second term environmental policy; Judge: San Diego transportation plan fails to consider California's climate policy, greenhouse gas emissions;...more
Last week the California Air Resources Board (CARB) issued an update to its November 19, 2012 report summarizing the results of the State of California’s first auction of greenhouse gas emissions allowances. The results in...more
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