Cap-and-Trade
Massive New Investment in Clean Energy in Governor’s Budget
Gov. Gavin Newsom’s newest proposed budget directs billions of dollars of surplus state funds and federal Covid relief to ameliorating the climate crisis.
The May revision of the 2021-22 budget proposal provides nearly $1.8 billion […]
The May revision of the 2021-22 budget proposal provides nearly $1.8 billion […]
Federal Regulators Take Steps to Lower Utility Incentives, Integrate State Carbon Pricing
Members of the Federal Energy Regulatory Commission agree on the need for better transmission efficiency and a build out of high voltage lines. But the five commissioners strongly disagree on incentives for utilities that participate in independent and regional transmission organizations, which are responsible for grid modernizations.
To protect […]
California Prepares for Worsening Wildfires
Gov. Gavin Newsom signed into law April 13 a legislative package providing $536 million in emergency funding for wildfire prevention and response. “California is taking bold, early action to protect our high-risk communities from the upcoming wildfire season before it starts,” Newsom said.
Proceeds from the state’s Carbon […]
Shorts
The Department of Water Resources’ March 2 snow survey found that California’s snowpack was below average. Overall, it’s 61% of the average for this time of year, and 86% of the average at Phillips Station in South Lake Tahoe. At the latter station, a snow depth of 56 inches was measured with […]
Poor Carbon Accounting at CARB
The California Air Resources Board has failed to adequately measure whether its programs to reduce transportation emissions in disadvantaged communities are working, the State Auditor warned last week.
The pollution agency overstated greenhouse gas emissions benefits from a program that gives people incentives to purchase clean cars. The […]
The Buzz
The 2020 and quarterly earnings of the parent corporations of the four investor-owned utilities are a mixed bag. Annual net income for Edison International and PG&E Corp. drops while fourth quarter earnings rise. Sempra Energy’s reported income goes the opposite direction.
While utility leaders sing the praises […]