Carbon Pricing Archives - Center for Climate and Energy Solutions https://www.c2es.org/category/policy-hub/state/carbon-pricing-state/ Our mission is to secure a safe and stable climate by accelerating the global transition to net-zero greenhouse gas emissions and a thriving, just, and resilient economy. Wed, 22 Nov 2023 16:36:05 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.2 https://www.c2es.org/wp-content/uploads/2017/10/cropped-C2ESfavicon-32x32.png Carbon Pricing Archives - Center for Climate and Energy Solutions https://www.c2es.org/category/policy-hub/state/carbon-pricing-state/ 32 32 Market-Based State Policy https://www.c2es.org/content/market-based-state-policy/ Fri, 25 Jun 2021 18:40:11 +0000 https://refresh-stg-c2es.pantheonsite.io/?post_type=article&p=1918 The post Market-Based State Policy appeared first on Center for Climate and Energy Solutions.

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]]> Regional Greenhouse Gas Initiative (RGGI) https://www.c2es.org/content/regional-greenhouse-gas-initiative-rggi/ Wed, 16 Jun 2021 15:00:42 +0000 https://refresh-stg-c2es.pantheonsite.io/?post_type=article&p=3885 The post Regional Greenhouse Gas Initiative (RGGI) appeared first on Center for Climate and Energy Solutions.

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]]> U.S. State Carbon Pricing Policies https://www.c2es.org/document/us-state-carbon-pricing-policies/ Fri, 16 Apr 2021 15:45:39 +0000 https://refresh-stg-c2es.pantheonsite.io/?post_type=document&p=5808 Compared to command-and-control regulations, carbon pricing is a market-based mechanism that creates financial incentives to reduce greenhouse gas (GHG) emissions. Thirteen states that are home to over a quarter of the U.S. population and account for more than a third of U.S. GDP have active carbon-pricing programs and are successfully reducing emissions. Those states are California and […]

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]]> Compared to command-and-control regulations, carbon pricing is a market-based mechanism that creates financial incentives to reduce greenhouse gas (GHG) emissions. Thirteen states that are home to over a quarter of the U.S. population and account for more than a third of U.S. GDP have active carbon-pricing programs and are successfully reducing emissions. Those states are California and the eleven Northeast states — Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Rhode Island, Vermont, and Virginia — that make up the Regional Greenhouse Gas Initiative (RGGI). RGGI is the first mandatory cap-and-trade program in the United States to limit carbon dioxide emissions from the power sector. California’s program was the first multi-sector cap-and-trade program in North America. Massachusetts has also implemented regulations to establish an additional cap-and-trade program for its power sector that runs in parallel with RGGI but extends out to 2050. Washington state recently enacted new cap-and-invest legislation that took effect in 2023. New York is preparing an economy-wide cap-and-invest program that is expected to launch in 2025, either in addition to its RGGI participation or in place of its RGGI participation.

Last updated in November 2023.

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]]> State Climate Policy Maps https://www.c2es.org/content/state-climate-policy/ Mon, 11 Jan 2021 14:15:41 +0000 https://refresh-stg-c2es.pantheonsite.io/?post_type=article&p=1910 The post State Climate Policy Maps appeared first on Center for Climate and Energy Solutions.

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]]> Moving Forward with Carbon Pricing https://www.c2es.org/event/moving-forward-with-carbon-pricing/ Tue, 30 Jun 2020 18:47:43 +0000 https://www.c2es.org/?post_type=event&p=11851 As governments step up efforts to reduce greenhouse gas emissions, the number of carbon pricing initiatives continues to grow around the world. This webinar will highlight the latest trends in carbon pricing globally and take a closer look at leading examples at the international, national, and state levels: the Carbon Offsetting and Reduction Scheme for […]

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]]> As governments step up efforts to reduce greenhouse gas emissions, the number of carbon pricing initiatives continues to grow around the world. This webinar will highlight the latest trends in carbon pricing globally and take a closer look at leading examples at the international, national, and state levels: the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), the United Kingdom’s Emissions Trading System, and the Regional Greenhouse Gas Initiative (RGGI) in the Northeast United States.

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]]> Market-Based Strategies https://www.c2es.org/content/market-based-strategies/ Sat, 13 Jun 2020 04:00:35 +0000 https://refresh-stg-c2es.pantheonsite.io/?post_type=article&p=1414 The post Market-Based Strategies appeared first on Center for Climate and Energy Solutions.

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]]> Pennsylvania: A possible new keystone in RGGI https://www.c2es.org/2019/12/pennsylvania-a-possible-new-keystone-in-rggi/ https://www.c2es.org/2019/12/pennsylvania-a-possible-new-keystone-in-rggi/#respond Thu, 05 Dec 2019 21:34:20 +0000 https://www.c2es.org/?p=10952 The post Pennsylvania: A possible new keystone in RGGI appeared first on Center for Climate and Energy Solutions.

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]]> https://www.c2es.org/2019/12/pennsylvania-a-possible-new-keystone-in-rggi/feed/ 0 Status Update on RGGI and Lessons Learned on Cap and Trade https://www.c2es.org/event/status-update-on-rggi-and-lessons-learned-on-cap-and-trade/ Mon, 27 Nov 2017 19:26:46 +0000 https://www.c2es.org/?post_type=event&p=7615 The Regional Greenhouse Gas Initiative (RGGI) proposed improvements to its cap-and-trade program through 2030, including the post-2020 carbon market. In addition, Virginia has proposed a cap-and-trade program similar to RGGI, which could potentially be linked to the multi-state initiative. This webinar will discuss the benefits, program changes and potential expansion of RGGI.

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]]> The Regional Greenhouse Gas Initiative (RGGI) proposed improvements to its cap-and-trade program through 2030, including the post-2020 carbon market. In addition, Virginia has proposed a cap-and-trade program similar to RGGI, which could potentially be linked to the multi-state initiative. This webinar will discuss the benefits, program changes and potential expansion of RGGI.

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]]> Pricing Externalities in Wholesale Power Markets https://www.c2es.org/event/pricing-externalities-in-wholesale-power-markets/ Tue, 31 Oct 2017 12:43:50 +0000 https://refresh-stg-c2es.pantheonsite.io/?post_type=event&p=7288 Across the United States, states, cities, and businesses continue to find new ways to reduce carbon emissions and enhance resilience to climate change impacts. Many have adopted targets for renewable energy and zero carbon energy generation. The U.S. Department of Energy and the Federal Energy Regulatory Commission are reviewing options to ensure that the grid […]

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]]> Across the United States, states, cities, and businesses continue to find new ways to reduce carbon emissions and enhance resilience to climate change impacts. Many have adopted targets for renewable energy and zero carbon energy generation. The U.S. Department of Energy and the Federal Energy Regulatory Commission are reviewing options to ensure that the grid resilience benefits of various generation sources are appropriately compensated. In this webinar, we will review options for pricing externalities in wholesale power markets, including recent efforts by the New York Independent System Operator and the PJM Regional Transmission Operator to integrate a price on carbon.

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]]> Good and bad options for changing California’s cap-and-trade program https://www.c2es.org/2017/06/good-and-bad-options-for-changing-californias-cap-and-trade-program/ https://www.c2es.org/2017/06/good-and-bad-options-for-changing-californias-cap-and-trade-program/#respond Mon, 26 Jun 2017 22:10:52 +0000 https://refresh-stg-c2es.pantheonsite.io/?p=3023 The post Good and bad options for changing California’s cap-and-trade program appeared first on Center for Climate and Energy Solutions.

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