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Tracking banking in the Western Climate Initiative cap-and-trade program

Tracking banking in the Western Climate Initiative cap-and-trade program

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...
GHG Accounting in the Power Source Disclosure Program: 2019 Comments

GHG Accounting in the Power Source Disclosure Program: 2019 Comments

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...
GHG Accounting in the Power Source Disclosure Program

GHG Accounting in the Power Source Disclosure 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...
California’s Cap-and-Trade Reforms: October 2018 Comment Letter

California’s Cap-and-Trade Reforms: October 2018 Comment Letter

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...
An open-source model of supply and demand in the Western Climate Initiative cap-and-trade program

An open-source model of supply and demand in the Western Climate Initiative cap-and-trade program

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...
Tracking banking in the Western Climate Initiative cap-and-trade program

Tracking banking in the Western Climate Initiative cap-and-trade program

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...
Greenhouse Gas Accounting and the Aliso Canyon Mitigation Agreement

Greenhouse Gas Accounting and the Aliso Canyon Mitigation Agreement

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...
Ontario’s exit exacerbates allowance overallocation in the Western Climate Initiative cap-and-trade program

Ontario’s exit exacerbates allowance overallocation in the Western Climate Initiative cap-and-trade program

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...
The Quiet Undoing: How Regional Electricity Market Reforms Threaten State Clean Energy Goals

The Quiet Undoing: How Regional Electricity Market Reforms Threaten State Clean Energy Goals

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...
California’s Cap-and-Trade Reforms: July 2018 Comment Letter

California’s Cap-and-Trade Reforms: July 2018 Comment Letter

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...
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