CARB approves climate transparency regulation for entities doing business in California

What you need to know:  The California Air Resources Board (CARB) approved an item at its February meeting to establish the administration and implementation fees for the Climate Corporate Data Accountability Act and the Climate-Related Financial Risk Act, and the first-year reporting deadline under the Climate Corporate Data Accountability Act.

California and Quebec release summary results from 46th joint cap-and-invest allowance auction

SACRAMENTO – Today at noon (PST), California and Quebec released the results of the 46th joint California Cap-and-Invest and Quebec Cap-and-Trade auction of carbon allowances from both jurisdictions. The final numbers include sales figures and settlement prices for Current Vintage allowances (2024, 2025, and 2026) and Advanced Vintage allowances (2029).

Current Vintage

Number offered: 54,975,757 

Number sold: 54,975,757

Settlement price: $27.94

CARB strengthens protections to curb methane emissions at landfills

What you need to know: The California Air Resources Board approved updates to its Landfill Methane Regulation to enable quicker detection and repair of methane leaks at landfills, improved monitoring and reporting, public data transparency and stronger action for recurring issues. Advanced technologies, like satellite monitoring, are a key to improved methane emissions reduction in the state.  

California’s methane satellite helps stop 10 large leaks

What you need to know: California steps in as federal administration moves to eliminate climate data-gathering satellites. The state satellite project has already helped resolve 10 large methane leaks, equivalent to removing about 18,000 cars from California roads for a year. 

Clean transportation drove California’s emissions drop in 2023

What you need to know: The latest data shows California’s climate programs continue to push greenhouse gas (GHG) emissions down while the state’s economy grows, and they highlight the need to continue to make progress despite an unprecedented federal assault on the state's clean air efforts.