New revenue forecasting about California’s cap-and-trade market by Energy Innovation Director of Research Chris Busch is cited in a Utility Dive article discussing prospects for proposed legislation to extend the system past 2020.

Analysis by Energy Innovation finds that extending California’s cap-and-trade program past 2020 will generate $26 billion in new revenue from 2021 to 2030 for clean energy investments across the state, will direct greater funds toward disadvantaged communities, and would make allowance use by polluters more stringent.

Analysis from EI’s Robbie Orvis and Eric Gimon is featured in an interview with PJM CEO Andy Ott discussing wholesale market challenges and proposed reforms.

Bikes with electric assist—E-bikes—are taking off around the world, and for good reason: They are arguably the best form of motorized transportation and cut congestion, pollution, and noise, all at once.

Smart grid technologies offer a range of potential benefits, but maximising the value of grid modernisation programmes is easier said than done. Mike O’Boyle of US-based think tank Energy Innovation describes the five-step framework his organisation has developed to help utilities and public regulators pursue grid modernisation in a way that benefits everyone.

Despite China’s plans to halt more than 100 new coal-fired power plants this year, new data suggests China’s energy companies will make up nearly half of the new coal generation expected to go online in the next decade. But China’s climate concerns have so far been driven by narrow concerns over local pollution, said Eric Gimon, a senior fellow at Energy Innovation. “For now, those concerns seem not to extend elsewhere,” Mr. Gimon said.

California environmentalists are outraged over speculation that the state’s governor is pushing the oil industry’s wish list in negotiations to extend the state’s cap-and-trade climate program. Chris Busch took a pragmatic view of the bill language being circulated by Gov. Jerry Brown’s office. “Given how hard the politics are, let’s get this politics part done, and then the regulation can be improved over time,” he said.

Clean energy is taking over the world, driven by a combination of climate change policies and market economics. California has paced America in seizing this opportunity, building a thriving green economy through smart policy. But the fate of California’s cap-and-trade program, a cornerstone of the state’s green growth strategy, depends on the state Legislature extending the program beyond 2020.

A new report from Climate Policy Initiative provides a clear answer to the question of how to balance grid supply and demand every minute of every day, at a competitive cost, as the share of variable renewable energy increases: focus on flexibility.

Governor Jerry Brown is drafting proposals for extending California’s cap-and-trade programme, attempting to gain a two-thirds majority vote while assuaging industry and environmental campaigners. “The outlines of the deal… sound very positive, and will leave CARB significant scope to continue to improve the programme over time,” said Energy Innovation’s Chris Busch.

Governor Jerry Brown is drafting his own proposals to extend California’s cap-and-trade program, attempting to gain a two-thirds majority vote while assuaging industry and environmental campaigners. “The outlines of the deal… sound very positive, and will leave CARB significant scope to continue to improve the programme over time,” said Energy Innovation’s Chris Busch.

Bloomberg New Energy Finance’s (BNEF) New Energy Outlook 2017 is the newest report to predict a diminishing role for fossil fuels as renewable energy and battery storage become cleaner, cheaper, and more reliable grid resources to 2040.

In many markets, oversupply is chasing after flat or decreasing demand. Several states have provided subsidies or out-of-market support for plants that would otherwise retire. This article analyzes the proposed market reforms and evaluates each on policy merits.

Trump’s decision to withdraw from the Paris Agreement has encouraged major nations and leader states within the U.S. to reaffirm and strengthen their commitments. China and California have already begun forging new trails to capture this opportunity.

At a June 6 “roundtable” discussion, Democratic members of the Senate Environment & Public Works Committee (EPW) talked with representatives from clean energy companies to promote the Clean Air Act, citing its economic and job creation benefits.

The International Energy Agency reports clean energy technologies are not decarbonizing global energy systems fast enough to meet Paris Agreement goals. But IEA’s technological roadmap also shows where governments should double down on the technologies to secure a safe climate future at least cost.

Some of the fastest progress on clean energy is occurring in states led by Republican governors and legislators, and states carried by Donald J. Trump in the presidential election. From Georgia to the Dakotas, business and political leaders are embracing clean energy sources even as the Trump administration pushes for more exploitation of oil, gas and coal. Their leaders see tapping wind, and to a lesser degree the sun, as an economic strategy.

California Governor Jerry Brown is in China this week to promote action on climate change and clean energy. Amid the climate policy void left in President Trump’s wake after his announcement last week of the United States’ withdrawal from the world’s first truly global climate change agreement, Brown sees China as the remaining superpower that can steer the world onto a low-emissions path.