Senate energy bill expected to stifle carbon market

The long-awaited release of the American Power Act provoked little immediate market reaction but could curb future US carbon market participation. Pauline McCallion reports

US carbon market

The cap on carbon laid out in the Senate energy bill is the same as that contained in the bill passed by the House of Representatives in June 2009. It aims to reduce economy-wide greenhouse gas emissions by 17% of 2005 levels by 2020, 42% by 2030 and 83% by 2050. This will be implemented via a carbon cap-and-trade system that could eventually be worth as much as $2 trillion, according to likely regulator the Commodity Futures Trading Commission.

The Senate legislation aims to establish a stable

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Chartis Energy50 2023

The latest iteration of Chartis' Energy50 2023 ranking and report considers the key issues in today’s energy space, and assesses the vendors operating within it

2021 brings big changes to the carbon market landscape

ZE PowerGroup Inc. explores how newly launched emissions trading systems, recently established task forces, upcoming initiatives and the new US President, Joe Biden, and his administration can further the drive towards tackling the climate crisis

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