Article, Declining CO2 price paths

Argues that traditional financial evaluation of uncertain climate risks favors an initially high (>$100/ton) CO2 price, which rises modestly over the next decade, before falling with time.

China’s planned emissions trading system

China has been operating seven test pilot carbon markets in different regions. A 2017 State Council directive established process and framework for China’s national carbon market going forward.

Massachusetts’ proposed H2810

Massachusetts’ proposed H2810 puts a price on carbon pollution and invests 30% of all revenue ($400–600 million per year) in local clean transportation, resiliency, and renewable energy projects.

Virginia proposed RGGI regulation

A proposed ‘Regulation for Emissions Trading’ was approved by the Virginia State Air Pollution Control Board. The regulation proposed a a system that would be in line with many of RGGI’s major design features, with the aim to link with RGGI by 2020.

Washington’s defeated Initiative 1631

Would have enacted a carbon emissions fee of $15 per metric ton of carbon beginning on January 1, 2020, and increased the fee by $2 annually until the state's greenhouse gas reduction goals were met.

Oregon’s defeated cap and trade bill

Oregon’s House Bill 2020 proposed a statewide cap-and-trade program starting in 2021, with a declining allowance budget leading to a 45% reduction in GHG emissions below 1990 levels by 2035.

New Mexico Climate Change Task Force

New Mexico established a Climate Change Task Force to evaluate strategies and policies to reduce GHG emissions, including the adoption of a comprehensive market-based program that sets emissions limits to reduce CO2.

PJM carbon pricing study

PJM, an independent system operator in the mid-Atlantic states, has proposed to study the effects of a carbon price on wholesale markets.

NYISO carbon pricing proposal

Carbon Pricing Straw Proposal would reflect the cost of carbon emissions in wholesale energy market offers via a “carbon charge.”