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November 21, 2024

cap-and-invest

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Wash. Cap-and-trade Opponents Advance Repeal Petition to Sec. of State

Opponents of Washington’s fledgling cap-and-trade program have delivered 418,399 signatures to the Secretary of State’s office in a push to repeal the program.

University of Washington
Washington’s 2nd Cap-and-trade Reserve Auction Raises $259.5M
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. 
Puget Soundkeeper
Wash. Looks to Join California-Quebec Cap-and-Trade Market

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.

Washington Dept. of Ecology
Analysis Favors Wash. Linkage with Calif. Cap-and-trade Program
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.
NYISO
NY State Reliability Council Executive Committee Briefs: Oct. 13, 2023
The NYSRC Executive Committee approved the modeling assumptions for its 2024/25 installed reserve margin requirement study base case and discussed potential cap-and-invest updates.
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Wash. Weighs Joining California-Quebec Cap-and-trade Program

Washington state officials expect to soon decide whether to join the California-Quebec cap-and-trade program.

Murderbike, Public Domain, via Wikipedia Commons
Wash. Judge Rejects Cap-and-trade Lawsuit
The suit by a conservative group attempted to halt the state’s cap-and trade program by eliminating Department of Ecology’s rulemaking authority.
Port of Grays Harbor
Wash. Allowance Prices Surge Again in 3rd Cap-and-trade Auction
Allowance prices continued to rise after the state’s latest cap-and-trade auction cleared at $63.03, up nearly 13% from the previous auction.
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.
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SPP Markets+ Stakeholders Begin Tariff’s Development
Potential SPP Markets+ participants democratically endorsed the first pieces of the day-ahead market’s tariff, acquiring a taste of the grid operator’s stakeholder process at the same time.

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