Industrial Decarbonization
Washington's Nov. 8 cap-and-trade auction cleared all 5 million carbon emissions allowances put up for bid at a Tier 1 price of $51.90 the state's Ecology Department said.
Policymakers must invest in scaling clean energy solutions if the Asia-Pacific region is to meet climate goals, experts said at a forum ahead of the APEC summit in San Francisco.
The General Services Administration announced it will be spending over $2 billion in funds from the Inflation Reduction Act on low-carbon construction materials for repairs and upgrades on more than 150 federal buildings in 39 states, D.C. and Puerto Rico.
The state will tentatively seek to link its cap-and-trade program with the California-Quebec carbon market in an effort to reduce the financial impact of pricing carbon in its economy.
The White House and Department of Commerce announced 31 regional tech hubs, which include some aimed at furthering the energy transition, in an effort to stand up globally competitive industries around the country.
A decision by Washington to link its cap-and-trade program to the one shared by California and Quebec should benefit participants in both systems, according to preliminary analysis by the state.
The suit says New York's ban is preempted by federal law, seeking to apply the precedent from the Ninth Circuit's decision overturning Berkeley Calif.'s ban.
The hydrogen hubs reflect an attempt to balance the conflicting political and energy industry interests that went into the bipartisan infrastructure bill.
Washington state officials expect to soon decide whether to join the California-Quebec cap-and-trade program.
Thermal energy storage powered by renewables could be a flexible, cost-effective way to decarbonize heavy industry in the U.S., according to a new report from the Renewable Thermal Collaborative and Center for Climate and Energy Solutions.
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