China’s highly anticipated pilot carbon markets are up and running, with the notable exception of Chongqing, but already the lack of transparency, pressure from big business and government-owned enterprises, manipulation of data and over allocation of allowances are proving to be hurdles for success. High levels of liquidity are not the end-goal for a… Keep reading →
Carbon Pricing
Emissions Markets with Chinese Characteristics, or how Transparency is Key
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We will never sell or share your information without your consent. See our privacy policy.The 3rd National Climate Assessment (NCA) was released earlier this month, painting a frightening picture of the spiraling costs of climate disruption to America and highlighting the need to price carbon dioxide (CO2) emissions. While President Obama has pledged action and the electricity industry nervously awaits new EPA regulations for power plant emissions, the most appropriate… Keep reading →
The March 2011 Fukushima accident destroyed four and shuttered most (currently all) of Japan’s 54 nuclear plants. Japan replaced nuclear energy with discomfort, sacrifice, and costly fossil fuels, because utility oligopolies suppressed renewable competitors and national energy efficiency languished. Two and a half years later, power reserves, though easing, remain tight, fuel bills exorbitant, and… Keep reading →
Even the Tea Party is pushing back on the conservative political group’s claims. A curious thing happened in Georgia this month. As the state’s public service commission was considering a proposal for 525 megawatts of solar PV — a program fiercely opposed by Georgia Power — an unlikely alliance formed to support more solar. The… Keep reading →