News & Analysis as of

I’m Still a Cockeyed Optimist When It Comes to Climate Change

Last week, NRG Energy announced plans to reduce CO2 emissions 50% by 2030 and 90% by 2050. And this reduction is not from a 1990 or 2005 baseline; it is from 2014 emissions. NRG’s statement indicated that it had already...more

News Flash: Cap-and-Trade Remains the Most Efficient Way to Reduce Emissions

Notwithstanding Congressional gridlock on climate change legislation, cap-and-trade remains the tried and true efficient method for reducing air emissions. Although the acid rain provisions of the Clean Air Act are the most...more

Energy Law Alert: California Cap and Trade Auctions Upheld as Constitutional

The Sacramento Superior Court has upheld the constitutionality of California Air Resources Board's ("ARB") cap and trade auctions in the related cases California Chamber of Commerce v. ARB and Morning Star Packing Company v....more

Carbon Repeal – Unveiled

Draft legislation, published on 15 October 2013, sets out the Coalition's plans to repeal the Clean Energy Act 2011 (Cth) and associated Acts (Carbon Acts) with effect from 30 June 2014. The impact being that liable entities'...more

CARB Releases Draft Update of Climate Change Scoping Plan

The California Air Resources Board (CARB) has released a discussion draft of the First Update of California’s Climate Change Scoping Plan for public review and comment....more

Energy And Environment Update -- July 22, 2013

In This Issue: Energy and Climate Debate; Congress; Administration; Department of Energy; Department of Interior; Department of State; Environmental Protection Agency; Federal Energy Regulatory Commission; Government...more

EU votes in favour of temporarily withholding the sale of 900 million EU allowances from the EU carbon scheme

On July 3, 2013 the members of the European Parliament voted 344-311 in favour of a one-off intervention in the market to withhold the sale of 900 million EU allowances over the next few years (with the intent to return them...more

Recent Federal and International Developments Good for California Cap and Trade

Plans announced by the White House yesterday (June 25) show a credible pathway to meet targets pledged by the President pursuant to the Copenhagen Accord (reduction of greenhouse gas emissions 17% below 2005 levels by 2020)....more

Not a Shining Moment For Congress: Two Leading Economists Note the “Sordid History” of Cap-and-Trade Legislation

I have previously blogged about how strange our politics has become, when cap-and-trade programs, previously touted by conservatives and viewed skeptically by environmentalists as a “license to pollute,” somehow become for...more

Act II At The Obama EPA: Gina Mccarthy (Is Predicted) To Take The Helm

The President gave an indication of his environmental focus in his inaugural address, and then again in his state of the union speech. The focus would be on climate change. ...more

Focus On Cleantech | Climate Change - February 2013: Greenhouse Gas Emissions Reduction In Ontario: A Discussion Paper From The...

On January 21, 2013, the Ontario Ministry of the Environment posted a discussion paper regarding greenhouse gas (GHG) emissions reduction in Ontario, eliciting public input in the development of the Ministry’s GHG reduction...more

Potential Linkage between Californian and Australian Greenhouse Gas Cap-and-Trade Regimes

Australia and the State of California are investigating opportunities for linking their carbon pricing and greenhouse gas (“GHG”) cap-and-trade programs. On January 15, 2013, officials from the Australian Parliament and the...more

Court Rejects Challenge to California’s Cap-and-Trade Carbon Offset Program

On January 25, 2013, a California state court rejected a challenge to an important component of California’s cap-and-trade scheme, its emission offset program. In the first legal decision regarding the program since its...more

Doing Business in Canada: Climate Change

The evolving patchwork of Canadian federal and provincial climate laws and programs has created material risks and opportunities for businesses operating in Canada. Understanding climate change policy and legislation is...more

Using Cap-and-Trade Bonuses to Promote Early Adoption: Carbon Capture and Sequestration in the Draft American Power Act

The Kerry-Lieberman climate bill promotes accelerated carbon capture and sequestration through cap-and-trade bonuses for electric utilities and industrial facilities that are early adopters of carbon storage technology and...more

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