December 28, 2024

Industrial Decarbonization

DOE
DOE Wants US to Produce 50 Million MT of Clean Hydrogen by 2050
The White House and Department of Energy unveiled a new interagency task force aimed at reaching the administration’s ambitious goals for the deployment of clean hydrogen.
350 Tacoma
Wash. Raises $62.5M from Cap-and-trade Reserve Auction
Washington’s first cap-and-trade auction from the program’s Allowance Price Containment Reserve raised almost $62.5 million, the Ecology Department said.
Par Pacific
Washington Auctions Reserve Carbon Allowances to Relieve Price Pressure
Washington held a special cap-and-trade auction intended to help keep carbon costs in check after May’s quarterly auction cleared at an unexpectedly high price.
© RTO Insider LLC
Hydrogen Tax Credit Design is Key to Decarbonization
The Treasury Department is working to implement the 45v tax credit, which is the largest incentive passed under the Inflation Reduction Act and is meant to incentivize clean hydrogen production.
© RTO Insider LLC
Petition Drive Seeks to Repeal Wash. Cap-and-trade Program
Let’s Go Washington is collecting signatures on a petition asking the state Legislature to repeal the cap-and-trade program, which went into effect this year.
© RTO Insider LLC
Summit Showcases New Technologies to Accelerate Industrial Decarb
New technologies upend conventional wisdom that heavy industry — cement, steel, petrochemicals — will be hard to abate or require carbon capture. But how fast can they scale?
© RTO Insider LLC
Inslee Challenges Cap-and-trade Role in High Wash. Gas Prices

Washington’s Democratic leaders struck back at critics who blame the state’s 6-month-old cap-and-trade program for producing the highest gasoline prices in the U.S.

Energy Northwest
X-energy, Energy Northwest to Develop up to 12 SMR Nukes
The challenge ahead for X-energy: early planning for design, procurement and construction to deliver the first Xe-100s on time and on budget.
© RTO Insider LLC
Cap-and-trade Driving up Washington Gasoline Prices, Critics Say

Critics of Washington’s cap-and-trade system blame it for the state's high gas prices, but defenders say other factors are at play too.

Port of Stockton
California Invests in Zero-emission Port Equipment
California announced $1.5 billion in port infrastructure upgrades, including for zero-emission locomotives, vessels and vehicles.

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