Last month, Secretary of the Interior Ken Salazar approved the construction of the nation’s first offshore wind farm. He announced, “I am approving the Cape Wind project. This will be the first of many projects up and down the Atlantic coast.” On May 17, The Federal Aviation Administration (FAA) ruled that the Cape Wind Project [...]
Category Archives: RECs/Carbon Offsets
After 9-Year Battle, Federal Government Approves Cape Wind Project
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FERC Approves Google Energy as Power Marketer
The Federal Energy Regulatory Commission granted Google Energy, LLC permission to become a power marketer, allowing the company to purchase and resell electricity in wholesale markets. Google will have the authority to sell energy, capacity and ancillary services at market-based rates in the NYISO, PJM, ISONE, CAISO, and MISO markets. Google representative Niki Fenwick explained, [...]
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This Weeks CAP & TRADE Debate
This week the Senate took up a debate on a bill regarding Climate Change. The heart of the bill is a plan to CAP the production of greenhouse gases and, for the first time, force polluters to buy (TRADE) permits to emit carbon dioxide. Both presidential candidates have expressed support for the cap-and-trade concept that [...]
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Worldwide CO2 Market shows Dramatic Growth
Consulting firm Point Carbon indicated today that the global carbon market has generated almost as much money in the first half of 2008 as it did in all of 2007.
The company said 1.8 gigatons of CO2 equivalent was traded globally in the first half of this year, worth more than $59 billion US dollars, compared [...]
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Google and Renewable Energy
Every year the founders of Google write a Founders Letter and publish it. It’s meant to be an “off the cuff” look at the business and industry, what’s working, what’s not. You can read the entire letter here.
What is interesting in the letter is how this now very large, and very profitable company is [...]
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The Pepsi Center “Goes Green”
On March 17th, perhaps the “greenest” day of the year, the Pepsi Center declared that it will be one of the greenest arena in the United States. Home to the Denver Nuggets and Colorado Avalanche, the Pepsi Center is located in Denver, Colorado and is owned by Kroenke Sports Enterprises (KSE). On Monday they [...]
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NYC Takes Lead on GHG Emission Reduction
We typically view New York City as a lumbering giant metropolis that has to continually address problems that occur within it’s infrastructure. Mayor Bloomberg has been instrumental in transforming the perceptions as of late with his forward thinking PLANYC2030 and his recent comments regarding a tax on Carbon Dioxide (CO2) emitters. He is insistent on [...]
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