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Another RGGI Raid? New York State Senate Proposes Pulling $138 million from the RGGI Fund

Law Columbia

These diversions are inconsistent with New York State regulations aimed at ensuring the proceeds of the auctions would be spent on new programs to further reduce greenhouse gas emissions. If the Senate proposal is approved, the diversions will total $269 million—nearly 30% of the $925.8

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Why Ontario needs to stop burning polluting gas for electricity

Enviromental Defense

The decision to ditch coal was the biggest single action of its time to cut carbon emissions in North America. That means carbon emissions from electricity in Ontario will be rising back up again after years of decline. The reason given is that gas is needed to fill an upcoming drop in nuclear capacity.

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Nuclear Plant Closures And Renewables Increase Electricity Prices & Unreliability, Testifies Michael Shellenberger to U.S. Senate

Environmental Progress

4] Meanwhile, many experts see in recent trends an inevitable transition away from coal and nuclear power plants, designed to function as baseload capacity, toward variable renewable energy sources with just-in-time natural gas back-up. Loss of Nuclear Plants Threatens Reliability, Affordability, and Sustainability The U.S.

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New Sabin Center Report Finds NYISO Could Price Carbon in Wholesale Electricity Markets

Law Columbia

There has been much talk in recent weeks about pricing carbon to reduce greenhouse gas emissions. Earlier this month, a group of former Republican cabinet members proposed adoption of a nationwide carbon price, starting at $40 per ton. by Romany Webb and Justin Gundlach. That seems unlikely, however.