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Tag archives for carbon capture and storage

Carbon Markets Show Glimmers of Recovery in 2014

A year after the launch of its cap-and-trade program, California formally linked its emissions trading scheme with Quebec’s—enabling carbon allowances and offset credits to be exchanged between participants in the two jurisdictions. The linkage, which marks the first agreement in North America that allows for the trading of greenhouse gas emissions across borders, is designed to escalate…

EIA: Carbon Emissions Decline

In 2012, energy-related carbon emissions in the United States declined 3.8 percent even as global carbon dioxide emissions rose 1.4 percent, according the U.S. Energy Information Administration (EIA). The recorded 5.29 million metric tons of carbon dioxide amounted to the largest decline since 1994, continuing a downward trend that started in 2007. EIA attributed last year’s decrease to several factors, including a mild…

EPA Issues New Source Rules, Separates Requirements for Coal and Gas-Fired Plants

The U.S. Environmental Protection Agency (EPA) issued a long-awaited revised proposal for Clean Air Act standards to curb carbon pollution from new power plants. The rule sets separate standards for new gas-fired and coal-fired plants. It would require future coal-fired plants to limit emissions of carbon dioxide to 1,100 pounds per megawatt hour (MWh). The average U.S. coal-fired plant currently emits nearly…

Proposed Rules to Limit Power Plant Emissions Expected This Week

In a move initiated by the Obama administration to address global changes in climate, the U.S. Environmental Protection Agency (EPA) is expected this week to release a proposal for regulations to reduce carbon emissions from new power plants. Although details about the regulations remain confidential, the New York Times reports the proposal could contain standards different for coal…

As Eurozone Crisis Deepens, Fight to Save Emissions Trading Scheme Begins

Prices in Europe’s carbon emissions trading scheme have collapsed this year, in part because there were too many allowances in the system starting off, threatening the future of the whole market. “Without intervention … Europe’s climate policy is over,” one analyst said. Some of Europe’s biggest energy and manufacturing firms also wrote a letter to the…

Tar Sands Pipeline Gets Green Light in Environmental Review

Hundreds of protesters—including famed climate researcher James Hansen—have been arrested in protests in front of the White House over the past two weeks, in an attempt to stop the construction of a pipeline from Canada to Texas to carry diluted tar sands to Gulf Coast refineries, mainly over concerns about greenhouse gas emissions and risks of…

First Major Carbon-Trapping Plant May Boost Green Jobs

The already blossoming green jobs sector may get an added growth spurt with the U.S. Department of Energy‘s recent announcement that the FutureGen project is back on track. A novel coal-fired, near-zero-emissions power plant in Mattoon, Illinois, FutureGen was first proposed by the Bush Administration in 2003 as a way to control carbon dioxide emissions,…