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November 25, 2024

Industrial Decarbonization

ParPacific
Wash. Looks to Sell 11M Allowances in 2nd Cap-and-Trade Auction
Washington is aiming to auction off enough cap-and-trade credits to cover more than 11 million metric tons of carbon emissions.
New York Governors Office
NY Moves to Boost Hydrogen Production and Development
New York announced two efforts to help boost hydrogen as a means of reaching its emission-reduction goals, including energy investments from NYPA and NYSERDA.
The Landscape of Clean Hydrogen
Report: Hydrogen Hubs Must Expand Beyond Those Chosen by DOE
Hydrogen report says Department of Energy hubs won't be enough and that more generation, and via electrolysis, will be needed.
Gov. Jay Inslee
Inslee Signs Raft of Washington Climate, Energy Bills
The governor signed climate bills related to sustainable aviation fuel, local land-use planning, transmission planning, pumped storage and more.
New Jersey Department of Environmental Protection
NJ To Accelerate RGGI Fund Expenditures
New Jersey has been slow to spend Regional Greenhouse Gas Initiative funds since returning to the program but is taking steps to speed up the process.
Puget LNG
Washington Confirms $300M Take for 1st Cap-and-Trade Auction
Washington’s Department of Ecology confirmed that it raised almost $300 million from the state’s first quarterly cap-and-trade auction held in February.
EPA
EPA Good Neighbor Plan Expected to Accelerate Coal Plant Retirements
EPA announced details of its Good Neighbor Plan to slash emissions of smog-forming nitrogen oxides; the rules will affect power plants in 23 states.
BP
Analysts Predict Steady Rise for Wash. Carbon Prices
Washington carbon allowance prices will increase sharply as the state’s cap-and-trade program becomes better established, carbon market analysts said.
Shutterstock
DOE Announces $6B for Industrial Decarbonization
The Department of Energy will award $6 billion to accelerate decarbonization projects in energy-intensive industries, the largest investment of its kind.
Washington Dept. of Ecology
Washington’s 1st Cap-and-Trade Auction Nets Nearly $300M
Washington’s first cap-and-trade auction earned the state nearly $300 million in revenue and unloaded all allowances on offer.

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