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September 1, 2024

Industrial Decarbonization

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.
ChargePoint
DERs in Wholesale Markets Still Years Away
DERs are still a couple years away from actually participating at the wholesale level as FERC works on RTO and ISO compliance with Order 2222.
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Emissions Bill Stalls in New Mexico Senate
A net zero bill unveiled by New Mexico lawmakers has already stumbled, failing to advance out of a Senate committee.
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DOE Announces $2.5B for Carbon Capture Projects
DOE is targeting the dirtiest and hardest-to-decarbonize electric power and industrial plants with $2.5 billion for "transformative" carbon capture projects.
Gov. Phil Murphy
Murphy Signs NJ Low-carbon Concrete Law
New Jersey Gov. Phil Murphy signed a law to give business tax credits to producers who supply state projects with concrete made with lower GHG emissions.
Monarch Tractor
California Energy Commission Awards $46 Million for ZEV Manufacturing
The California Energy Commission awarded large grants to boost in-state production of electric tractors, forklifts, batteries and charging stations.
Washington Dept. of Ecology
Cap-and-trade Revenues Still an Unknown for Wash. Lawmakers
Washington lawmakers won’t know until mid-March how much cap-and-trade revenue they will be able to spend during the 2023-25 budget period.
Shutterstock
DOE: 33 of 79 Preliminary Hydrogen Hub Applications Chosen
Industry, private developers and state governments from every region of the nation applied for federal funding to create hydrogen hubs.

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