by Danny Cullenward | Dec 6, 2019 | Reports |
Download article The Western Climate Initiative is a multilateral cap-and-trade program in California and Québec. The California climate regulator has called for cap-and-trade to deliver nearly half of the emission reductions needed to achieve the state’s...
by Danny Cullenward | Oct 28, 2019 | Reports |
Download full report (pdf) Summary Near Zero submitted a comment letter to the California Energy Commission on its AB 1110 Implementation Rulemaking for the Power Source Disclosure Program. We appreciate the effort the Commission has put into updating the PSD Program...
by Danny Cullenward | Oct 25, 2018 | Reports |
Download full report (pdf) Summary Near Zero submitted a comment letter to the California Energy Commission on its AB 1110 Implementation Proposal for the Power Source Disclosure Program. In our view, the proposal would make important improvements to the way...
by Danny Cullenward | Oct 22, 2018 | Reports |
Download full report (pdf) Download appendix (pdf) Summary Near Zero submitted a comment letter to ARB on its proposed regulations to implement AB 398, the cap-and-trade extension bill. Our comments focused on three issues: The serious risk that excess allowances in...
by Mason Inman | Oct 10, 2018 | Reports |
view model view demo webinar Near Zero’s open-source model of the Western Climate Initiative cap-and-trade program is intended to help project, analyze, and track market outcomes. It allows users to explore the future market supply and demand balance through...
by Mason Inman | Sep 12, 2018 | Reports |
Download full report (pdf) Download data (Excel) Executive Summary We present a method for tracking the private bank of compliance instruments in the Western Climate Initiative cap-and-trade program, drawing on official market data. Banking metrics allow policymakers...
by Danny Cullenward | Sep 12, 2018 | Reports |
Download report (pdf) Danny Cullenward, Michael Mastrandrea, and Mason Inman of Near Zero, together with Geeta Persad of Union of Concerned Scientists, sent a comment to the California Air Resources Board (ARB) on ARB’s Aliso Canyon Mitigation Agreement with...
by Michael Mastrandrea | Jul 16, 2018 | Reports |
Download full report (pdf) Download data (Excel) Executive summary New data show that the net result of Ontario’s brief participation in California and Québec’s Western Climate Initiative (WCI) cap-and-trade program was to inflate the program’s supply by 13.2 million...
by Danny Cullenward | Jul 11, 2018 | Reports |
Danny Cullenward and Shelley Welton published a paper forthcoming in the Yale Journal on Regulation Bulletin (Sept. 2018) discussing recent actions by FERC and implications for state energy and climate policies. A digital preprint is now available via SSRN. Abstract...
by Danny Cullenward | Jul 5, 2018 | Reports |
Download full report (pdf) Download data (Excel) Summary From an environmental perspective, managing the cap-and-trade program’s excess supply of allowances is arguably the most important question affecting the design of ARB’s post-2020 market. Yet the California Air...
