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Fed Commodities Regulators Break the Mold with Call for Carbon Pricing

17 Sep

The climate crisis threatens the stability of the U.S. financial markets, warned commissioners appointed by the current president to the Commodity Futures Trading Commission in a recent report. Although their report has not been approved by the full commission, Emilie Mazzacurati, founder/CEO of climate risk analyst 427, called it miraculous in the current political environment. […]

The Buzz

23 Jul

Energy storage is surging in California, with much of it being built next to solar plants. The grid operator board approves giving these complimentary co-located projects a market boost so they can fill the gap in peak supplies over the next three years. After many years, dozens of stakeholders reached an agreement on removing PacifiCorp’s […]

Calif.-Quebec Cap & Trading Upheld by Federal Court

20 Jul

A federal district court in California again rejected the Trump Administration claim that the Golden State’s carbon cap-and-trade program with Quebec interfered with federal authority over foreign affairs. “Overall, the United States has failed to identify a clear and express foreign policy that directly conflicts with California’s cap-and-trade program,” the U.S. District Court for the […]

The Buzz

2 Jul

Before the start of the fireworks, Pacific Gas & Electric announced it funded most of the $6.75 billion cash payment to fire victims. It also lined up another $12 billion to pay insurance claims as well as cities impacted by utility-sparked fires that burned from 2015-2018. Hydrogen fuel to lower transportation emissions, California’s biggest source […]

CA Budget Seeds PG&E Alternative

1 Jul

There is a clue in the new budget agreed to by lawmakers and the governor that they are serious about taking over PG&E and turning it into a non-profit utility. The budget contains a provision for a $50 million loan to the new entity under the newly enacted SB 350. That law says PG&E would […]

The Buzz

18 Jun

Landowners’ legal challenge to the Federal Energy Regulatory Commission’s practice of allowing land to be seized for a pipeline before deciding whether to reconsider a granted permit forces FERC to ease its rehearing rules. However, the one dissenting commissioner says the new rule is a hollow victory for aggrieved property owners. Private and public utilities […]

Budget Overshadows Green Energy Bills

16 Jun

Legislation to create a California Green New Deal, along with other clean energy measures propelled forward by the pandemic, have been sidelined by the state budget crisis. AB 1839 by Assemblymember Rob Bonta (D-Oakland) would set an intent to attain clean energy, and environmental, housing and job equity goals similar to those in last year’s […]

The Buzz

4 Jun

Pacific Gas & Electric’s plan to reduce wildfire threats and safety outages is half empty or half full, depending on your perspective. While the CPUC President says she is optimistic about the improvements in the 2020 plan, she has doubts about it being successfully implemented. In spite of the concerns, none are raised about its […]

News Roundup: $494B for Clean Transportation in House Bill, Little Action in CARB Auction

3 Jun

Almost $500 billion would be invested in the U.S. transportation sector, including electric vehicle charging stations and expanded public transit, under a bill amended by the House Transportation Committee. The Investing in a New Vision for the Environment and Surface Transportation in America Act also would address climate adaptation with investments in fortified transportation infrastructure. […]

The Buzz

14 May

The massive hole in the upcoming state budget caused by the pandemic does not keep Gov. Gavin Newsom from adding funds to protect against wildfires and its fallout.  It is another story for climate protection, however. Covid-19 also is responsible for destroying huge numbers of jobs in energy efficiency, renewables and other alternative energy sectors […]

CA Budget Plan Adds Funds for Fire Protection but Subtracts for Climate

14 May

Gov. Gavin Newsom’s latest spending blueprint for 2020 to 2021 increases funding for wildfire prevention and safeguards funds for reducing the impacts of power shutoffs despite a $54 billion deficit created by the pandemic. The bad news on the climate front is that the latest proposal eliminates the five-year $4.75 billion Climate Resiliency Bond slated […]

Outcry over Bill to Revive Stalled Pumped Storage Project

30 Apr

Among a reduced number of pending energy bills is a controversial measure to boost the prospects of a large pumped storage project near Joshua Tree National Park. AB 2255 by Assemblymember Susan Eggman (D-Stockton) was revised in March, shifting the focus from advancing long duration storage to benefiting Next Era’s 1,300 MW Eagle Crest hydropower […]

California’s Climate “Credit” for Dummies

14 Apr

Editor’s Note: This is the third of a new Current series explaining the fundamentals of energy terms. With it, we hope to pull back the curtain on terms of art used in California utility regulation. Updated April 16 Residential ratepayers of California’s two largest utilities are set to receive roughly $36 of climate “credit” on […]

The Buzz

2 Apr

The surge in residential energy use from millions of people ordered to stay home motivates energy regulators to lighten the financial burden of higher utility bills. They plan to advance the climate credit so they aren’t quite so high. The same day, California’s head energy regulator insists on resolving PG&E’s bankruptcy by the end of […]

The Buzz

19 Mar

The pandemic has slowed down solar projects but there is an unprecedented increase in new installed capacity in 2019. This year and future ones may be a different story but solar proponents expect solar capacity to keep rising in and outside California over the long haul. Large intermittent renewable generation paired with storage provides more […]

CA-Quebec Auction Produces Welcome Results Amid Trump Challenge

16 Mar

A federal judge rejected an initial attempt to break up the California-Quebec carbon credit trading market. The market allows carbon emitters in the state and province to take advantage of efficiencies in reducing pollution. The decision came on the heels of a successful auction round concluded Feb. 26. Late last week, Federal District Court Judge […]

CEC Awards $25M in Energy Reduction Grants & Loans

11 Mar

The California Energy Commission approved $19.4 million in grants to help food producers in the state cut their energy use and associated greenhouse gas emissions. Also at this week’s March 11 meeting, newly confirmed commissioner Patty Monahan applauded the agency for pressing forward on transportation electrification with its upcoming Integrated Energy Policy Report. It will […]

CA Must Accelerate Climate Protection Strategies, Air Board Head Says

5 Feb

California legislators learned during a second annual update on greenhouse gas pollution that the state continues to struggle with increased emissions from driving. Another ongoing challenge is how to protect fragile forests that capture carbon. Mary Nichols, chair of the California Air Resources Board, said to expect “new and more aggressive strategies” to shift drivers […]

Report: Filling Roads with Electric Cars Benefits CA Economy, Environment & Poor Communities

28 Jan

Widespread adoption of electric cars and small trucks in California over the next decade could raise the gross state product between $82 billion and $140 billion by 2030. That is according to a Jan. 28 report by Berkeley Economic Advising and Research, commissioned by the nonpartisan think tank Next 10. Fueling significant numbers of small […]

Edison to Reap Nearly $5B for 2020 Energy Costs

16 Jan

State energy regulators Jan. 16 unanimously approved Southern California Edison collecting $4.7 billion in energy and greenhouse gas emission projected costs this year from current and former ratepayers. Edison’s 2020 electric resource procurement forecast authorized by the California Public Utilities Commission includes $3.72 billion in power costs. Edison stated that the generation it owns and […]

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