Regional Greenhouse Gas Initiative

Nodal Exchange Achieves New Records With 65% Growth in Power and 10% Growth in Environmental Futures

Retrieved on: 
Thursday, October 5, 2023
Environmental Health, Other Energy, Nuclear, Utilities, Green Technology, Oil, Gas, Coal, Alternative Energy, Environment, Energy, Sustainability, Carbon, RGGI, Regional Greenhouse Gas Initiative, REC, Wind, Risk, LCFS, Guarantee of origin, Washington carbon tax, FSM, Growth, CRS, Exchange, PJM, Nodal, Cryptocurrency, Rare-earth element, Q3

Nodal Exchange today announced significant growth in both power and environmental futures in the month of September.

Key Points: 
  • Nodal Exchange today announced significant growth in both power and environmental futures in the month of September.
  • For Q3 2023, Nodal reported environmental futures and options volume of 84,745 lots, up 27% from 66,984 lots in Q3 2022.
  • Environmental markets on Nodal ended September with more that 270,000 lots of open interest, up 32% from a year earlier.
  • “Nodal Exchange is pleased to see continued growth in our power and environmental markets and appreciates the ongoing support of its community," said Paul Cusenza, Chairman and CEO of Nodal Exchange and Nodal Clear.

ICE to Launch CORSIA Carbon Credit Futures Market to Manage Emissions Exposure from Airlines

Retrieved on: 
Thursday, September 21, 2023
Environmental Health, Data Management, Technology, Sustainability, Environmental, Social and Governance (ESG), Environment, Other Professional Services, Fintech, Other Energy, Other Transport, Finance, Green Technology, Banking, Air, Energy, Transport, Professional Services, Other Technology, Software, Networks, Carbon, ACR, Carbon Offsetting and Reduction Scheme for International Aviation, EU, International Civil Aviation Organization, ICE, Policy, Intercontinental, Regional Greenhouse Gas Initiative, Verra, CAA, Gold standard, Intercontinental Exchange, ICAO, RGGI, Western Climate Initiative, UK, NYSE, Airline, Renewable energy, CORSIA

CORSIA is the first global market-based carbon credit scheme, targeted at reducing emissions from international aviation.

Key Points: 
  • CORSIA is the first global market-based carbon credit scheme, targeted at reducing emissions from international aviation.
  • CORSIA is part of a basket of policy measures taken by the ICAO and allows airline operators to offset an amount of carbon dioxide emissions by retiring carbon credits.
  • Initially, ICE’s futures contract will only support CORSIA eligible carbon credits issued by the American Carbon Registry (ACR), which is currently one of two ICAO-approved carbon credit programs.
  • The CORSIA contract follows the launch in 2022 of ICE’s range of nature-based carbon credit futures contracts.

Blink Charging Announces Aric Ohana Appointed President of its Wholly Owned Subsidiary, Blink Mobility

Retrieved on: 
Tuesday, September 5, 2023
Maintenance, EV, BLNK, EVS, Regional Greenhouse Gas Initiative, Acquisition, App, RGGI, Growth, Transport, Mobile phone, Management, Envoy

Miami Beach, Fla., Sept. 05, 2023 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK) (“Blink” or the “Company”), a leading global manufacturer, owner, operator and provider of electric vehicle (EV) charging equipment and services, today announced that, effective August 25, 2023, it has appointed Aric Ohana as President of Blink Mobility, a wholly owned subsidiary of Blink Charging, a provider of affordable and clean transportation alternatives (Blink Mobility). The appointment marks an exciting moment of growth as electric car-sharing expands globally.

Key Points: 
  • Miami Beach, Fla., Sept. 05, 2023 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK) (“Blink” or the “Company”), a leading global manufacturer, owner, operator and provider of electric vehicle (EV) charging equipment and services, today announced that, effective August 25, 2023, it has appointed Aric Ohana as President of Blink Mobility, a wholly owned subsidiary of Blink Charging, a provider of affordable and clean transportation alternatives (Blink Mobility).
  • Prior to Envoy, Mr. Ohana was a successful entrepreneur and leader with 12 years of experience in the real estate industry.
  • BlueLA, powered by Blink Mobility, is focused on providing public access to affordable and clean transportation alternatives through electric vehicles and integrated charging solutions.
  • Blink Charging announced earlier this year that its Board of Directors authorized its management to plan for the spin-off of Blink Mobility.

Nodal Exchange to Launch the First-Ever Washington Carbon Allowance Vintage Specific and Washington Clean Fuels Program Futures Contracts in Collaboration with IncubEx

Retrieved on: 
Monday, July 31, 2023
Environmental Health, Other Energy, Nuclear, Utilities, Green Technology, Oil, Gas, Coal, Alternative Energy, Environment, Energy, Sustainability, Carbon, Transfer, WCA, CFP, Informal value transfer system, University of Washington Department of Global Health, GHG, Multimedia, CCA, Exchange, CCO, Regional Greenhouse Gas Initiative, Washington carbon tax, PUD No. 1 of Jefferson County v. Washington Department of Ecology, RGGI, Growth, Credit Bank, Renewable energy, Ecology

Nodal Exchange and IncubEx announced today the planned launch of Washington Carbon Allowance (WCA) Vintage Specific futures and Washington Clean Fuels Program (CFP) futures contracts.

Key Points: 
  • Nodal Exchange and IncubEx announced today the planned launch of Washington Carbon Allowance (WCA) Vintage Specific futures and Washington Clean Fuels Program (CFP) futures contracts.
  • These new contracts will extend Nodal’s offering which currently includes the only physically-delivered renewable fuels contracts on California’s Low Carbon Fuel Standard and Oregon’s Clean Fuels Program.
  • The new contracts expand on the pioneering Washington Carbon Allowance futures launched in December 2022 and WCA options contracts listed in January 2023 on Nodal Exchange.
  • The WCA Vintage Specific futures contracts join the slate of North American listed carbon products on Nodal Exchange including: California Carbon Allowance (CCA), California Carbon Allowance Vintage Specific, California Carbon Offset (CCO) futures, and Regional Greenhouse Gas Initiative (RGGI) futures and options.

RGGI Continues to Deliver Economic Benefits for Participating States--and Can Advance Key Equity Priorities in EJ Communities

Retrieved on: 
Tuesday, May 16, 2023
Commissioner, Analysis Group, CT, EJ, Connecticut Department of Energy and Environmental Protection, Electricity, ME, Regional Greenhouse Gas Initiative, Carbon, History, DE, Environmental protection, Economic impacts of climate change, MD, Investment, Daniel Stuart, Climate, Health, World Resources Institute, Air pollution, Renewable energy, Mining, RGGI

As the RGGI states move forward, we continue to explore ways to build on these successes and make further progress towards our climate and equity goals."

Key Points: 
  • As the RGGI states move forward, we continue to explore ways to build on these successes and make further progress towards our climate and equity goals."
  • Additionally, for the first time, the Analysis Group report includes a review of how RGGI states are addressing EJ and equity issues in overburdened communities.
  • RGGI states could also require opportunities for EJ communities to participate in the regulatory process of reviewing environmental permits or spending plans for RGGI auction proceeds.
  • "Beyond the environmental and economic benefits of RGGI, we found that the program can dovetail with RGGI states' equity goals as well," noted Daniel Stuart, report co-author.

Global Carbon Credit Market Report 2023: Rising Carbon Emissions Drives Growth

Retrieved on: 
Wednesday, April 19, 2023
Carbon, UK Emissions Trading Scheme, VCM, ETS, Policy, Segment, COVID-19, Aviation, Shock, Microsoft, Energy, GHG, European Union Emissions Trading System, Steel, Cooperative Mechanisms under Article 6 of the Paris Agreement, Government, NDC, Regional Greenhouse Gas Initiative, Amazon, Greenhouse gas emissions by the United Kingdom, Parity, Climate change, CCM, UK ETS, European Economic Area, EU ETS, RGGI, United Kingdom, Paris, Growth, Article, Renewable energy, Bank, Tourism, Tissue paper, EEA, EU, CORSIA

The global carbon credit market traded value was US$978.56 billion in 2022.

Key Points: 
  • The global carbon credit market traded value was US$978.56 billion in 2022.
  • At present, the overall carbon market is mainly characterized by the degree of regulation, namely the regulated compliance carbon market (CCM) and the unregulated voluntary carbon market (VCM).
  • The global carbon credit market has been growing over the past few years, due to factors such as the rising carbon emission, increasing corporate efforts in carbon offsetting, increase in adoption of net zero targets, increasing demand for natural climate solutions, establishment of CORSIA, etc.
  • Since the lack of governance and unified standards make it difficult for market participants to verify the quality of a given carbon credit, it became a hurdle for market growth.

Blink Charging Awarded $7 Million to Implement New Ride Share Service in New Jersey for Underserved Communities

Retrieved on: 
Thursday, April 13, 2023
New Jersey Department of Health, EV, New Jersey Economic Development Authority, Public, BLNK, EVS, Regional Greenhouse Gas Initiative, Pollutant, Environmental protection, New Jersey Board of Public Utilities, Climate change, New Jersey Department of Environmental Protection, Transport, Health, NJDEP, Ridesharing, RGGI

Miami Beach, FL, April 13, 2023 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK) (“Blink” or the “Company”), a leading manufacturer, owner, operator and provider of electric vehicle (EV) charging equipment and services, and parent company to Blink Mobility LLC, an all-electric car-sharing service company, today announced the New Jersey Department of Environmental Protection (NJDEP), New Jersey Board of Public Utilities (NJBPU), and New Jersey Economic Development Authority (NJEDA), have awarded Blink $7 million in Regional Greenhouse Gas Initiative (RGGI) auction proceeds, to bring electric ride-sharing to New Jersey communities that lack access to reliable transportation.

Key Points: 
  • “Bringing an electric ride share program to New Jersey makes great sense and will be a benefit to the low- to moderate-income communities that may lack access to traditional public transportation.
  • We are excited to have been selected and share our expertise and experience in the electric ride share space,” said Michael D. Farkas, Founder and Chief Executive Officer of Blink Charging.
  • The ride share service has become the largest 100% EV car-sharing company in California.
  • For a list of projects to be funded with the $70 million in RGGI auction proceeds, visit NJ DEP- StopTheSoot.org .

Analysis Group Study Estimates Economic and Environmental Benefits of Seabrook Nuclear Power Plant

Retrieved on: 
Thursday, March 16, 2023
Commonwealth, Analysis Group, GHG, Natural gas, Wind, Environmental Benefits Index, Judgement, NextEra Energy Resources, Electricity, CO2, Regional Greenhouse Gas Initiative, Seabrook Station Nuclear Power Plant, Carbon dioxide, Uranium mining, Tourism, Renewable energy

BOSTON, March 16, 2023 /PRNewswire/ -- Economic experts at Analysis Group , one of the largest international economics consulting firms, released a new study that estimates Massachusetts utilities could save their customers $880 million to more than $2 billion by 2032 by entering into a long-term power purchase contract with the Seabrook Station nuclear power plant.

Key Points: 
  • BOSTON, March 16, 2023 /PRNewswire/ -- Economic experts at Analysis Group , one of the largest international economics consulting firms, released a new study that estimates Massachusetts utilities could save their customers $880 million to more than $2 billion by 2032 by entering into a long-term power purchase contract with the Seabrook Station nuclear power plant.
  • Study estimates Massachusetts utilities could save their customers $880 million to more than $2 billion by 2032.
  • The study estimates that Seabrook's ongoing operation through 2032 reduces consumers' electricity costs and is expected to:
    Contribute $2 billion to $2.91 billion to the Commonwealth's economy.
  • The study, Economic and Environmental Benefits to Massachusetts from the Operation of the Seabrook Nuclear Plant, was funded by NextEra Energy Resources, which owns and operates Seabrook Station nuclear power plant, and can be accessed here .

Invenergy Names Clean Energy Expert Kelly Speakes-Backman Executive Vice President Public Affairs

Retrieved on: 
Thursday, December 1, 2022
Marketing, Commissioner, Maryland Public Service Commission, Public affairs, Primary energy, Multimedia, SunEdison, Regional Greenhouse Gas Initiative, Wind, Policy, Energy efficiency, Invenergy, Empowerment, Environment, Office of Energy Efficiency and Renewable Energy, United Technologies, Alliance to Save Energy, World energy consumption, Principal, Renewable energy

CHICAGO, Dec. 1, 2022 /PRNewswire/ -- Invenergy, the leading privately-held developer, owner, and operator of sustainable energy solutions, today announced that Kelly Speakes-Backman has been named Executive Vice President, Public Affairs where she will lead communications, government affairs, and marketing activities. Speakes-Backman joins Invenergy after serving as Acting Assistant Secretary and Principal Deputy Assistant Secretary for the Office of Energy Efficiency and Renewable Energy at the Department of Energy. She will start her new role on December 5, 2022.

Key Points: 
  • CHICAGO, Dec. 1, 2022 /PRNewswire/ -- Invenergy, the leading privately-held developer, owner, and operator of sustainable energy solutions, today announced that Kelly Speakes-Backman has been named Executive Vice President, Public Affairs where she will lead communications, government affairs, and marketing activities.
  • Speakes-Backman joins Invenergy after serving as Acting Assistant Secretary and Principal Deputy Assistant Secretary for the Office of Energy Efficiency and Renewable Energy at the Department of Energy.
  • A nationally recognized thought leader in the renewable energy industry, Speakes-Backman previously served as the first Chief Executive Officer of the Energy Storage Association, where she led policy, external relations, and industry leadership efforts for the organization.
  • Invenergy and its affiliated companies develop, own, and operate large-scale renewable and other clean energy generation and storage facilities in the Americas, Europe and Asia.

Nodal Exchange to Launch the First-Ever Washington Carbon Allowance and National Wind Renewable Energy Certificate Futures Contracts in Collaboration with IncubEx

Retrieved on: 
Monday, November 14, 2022
Other Energy, Utilities, Oil, Gas, Coal, Alternative Energy, Energy, Nuclear, Carbon, Wind, CO2, CFTC, REC, WCA, Exchange, CRS, A Call for American Renewal, CCA, Multimedia, Renewable Energy Certificate (United States), European Energy Exchange, European Climate Exchange, Registry, Center for Resource Solutions, NAR, CCO, RGGI, Risk management, EEX, Regional Greenhouse Gas Initiative, Renewable energy, Cryptocurrency

Nodal Exchange and IncubEx announced today the planned launch date of December 5th, 2022 for the Washington Carbon Allowance (WCA) futures contract and the National CRS Listed Wind Renewable Energy Certificate (REC) futures contracts, pending regulatory review.

Key Points: 
  • Nodal Exchange and IncubEx announced today the planned launch date of December 5th, 2022 for the Washington Carbon Allowance (WCA) futures contract and the National CRS Listed Wind Renewable Energy Certificate (REC) futures contracts, pending regulatory review.
  • Washington Carbon Allowances from the listed contracts will be physically delivered via the Washington Compliance Instrument Tracking System Services (CITSS) registry.
  • The WCA futures contract joins the slate of North American listed carbon products on Nodal Exchange including: California Carbon Allowance (CCA) futures and options, California Carbon Offset (CCO) futures and Regional Greenhouse Gas Initiative (RGGI) futures and options.
  • The new Nodal Exchange contracts complement the largest suite of REC futures contracts listed on any exchange, including Nodal Exchanges: Texas CRS wind, Texas CRS solar, M-RETS CRS wind, NAR CRS wind and NAR CRS solar contracts.