CaliforniaCarbon.info March 26th: March’s second issuance event saw 535k CCO-8s issued this week to seven projects, while a similar amount of offsets (582k) also saw their invalidation liability to 3 years.
Over 50% of this week’s credits came from the forestry project type. Blue Source’s Wilderness lakes IFM (ACR393), managed the bulk as it garnered around 173k credits from its first reporting period with just over 30k held in the buffer pool. Read full article...
Trump administration close to finalizing fuel efficiency rules rewrite -sources (Reuters) The White House is close to finalizing a landmark rewrite of U.S. fuel efficiency standards through the 2026 model year, boosting annual requirements but at a considerably lower rate than under Obama-era standards, three people briefed on the matter said on Wednesday.
Coronavirus slows gas ban momentum, creates obstacles for pipeline opponents (S&P Global)Cities, towns and counties have spearheaded recent efforts to ban gas use or require electric heating in new buildings. But COVID-19 response is now consuming local lawmakers' attention, while restrictions on public gatherings hamper meetings required to craft the policies.
California Governor Issues Revised List of Essential and Critical Workers (JD Supra)The California Public Health Officer issued a list of "Essential Critical Infrastructure Workers" to clarify what workers were allowed to continue to report to jobsites outside their homes. The state's Essential Critical Infrastructure List (Sector/Jobs List) includes 13 categories of critical sectors, each with a list of "essential workforce" jobs within each sector.
Boost for BART: Stimulus deal could send $1.3 billion to Bay Area public transit systems (The Mercury News)The $2 trillion stimulus deal hammered out in Washington includes a $25 billion boost for public transportation nationwide — of which an estimated $1.3 billion would flow to agencies in the Bay Area, according to Randy Rentschler, a spokesman for the region’s Metropolitan Transportation Commission.
COVID-19: Solar and storage installs considered ‘essential services’ in locked-down California (Energy Storage News) Installing and maintaining renewable energy resources can be viewed as an “essential service”, according to the California Solar + Storage Association (CALSSA), based in one of six major state jurisdictions in the US to have ordered citizens indoors for the time being.
ICE Futures Europe EU Aviation Allowances Auction Result (Business Wire) Intercontinental Exchange (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, announced that today’s auction of 1,669,000 EU Aviation Allowances (EUAAs) held on behalf of the UK Government’s Department for Business, Energy & Industrial Strategy (BEIS) was cancelled as a result of the total volume of bids falling short of the volume of the allowances being auctioned.