Policy Updates

Court Rejects Challenge to California Offset Plan

In a decision expected to be market-positive, on January 28 a California court rejected an effort by environmental groups to invalidate the state Air Resources Board’s (ARB) carbon offset protocols for its greenhouse gas cap-and-trade program. The judge’s decision in the case, which originated last year, reaffirmed ARB’s authority to enact the program. California Carbon

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Corporate Leaders, Including EOS, Back Carbon Pricing

EOS Climate is one of over 100 companies, including Shell, Unilever, Cathay Pacific, EDF Energy, Braskem, Statoil, Swiss Re, Ricoh, Delphi Group and Skanska, who have endorsed the Carbon Price Communiqué presented to the European Commissioner for Climate Action, Connie Hedegaard, and distinguished Ambassadors to the European Union, at an event in Brussels on November

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California Moves Forward Toward Market Launch

In a significant milestone in the evolution of market based approaches to greenhouse gas (GHG) emissions, on November 14 the California Air Resources Board successfully conducted the first auction of permits, also known as emission allowances, under the state’s greenhouse gas emissions reduction program. These permits reflect limits, or caps, on the GHG emissions from

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Montreal Protocol Celebrates 25th Anniversary, as Global HFC Initiatives Continue

September marked the 25th Anniversary of the Montreal Protocol, celebrated worldwide at events sponsored by the U.N. Ozone Secretariat and The World Bank. The Parties met again in November in Geneva, debating for the 4th year running whether to amend the Protocol to establish a global phase-out of HFCs. The U.S. proposal, now with support

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U.S. EPA Approves New Uses of Low-GWP Refrigerants

U.S. EPA added three hydrocarbons as acceptable alternatives in household and small commercial refrigerators and freezers through the Significant New Alternatives Policy (SNAP) program. EPA took action after requests from Ben and Jerry’s and General Electric, as well as A.S. Trust & Holdings, and True Manufacturing, a family-owned small business. The newly-approved hydrocarbon refrigerants –

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