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During COP28, the Commodity Futures Trading Commission (CFTC) issued proposed guidance applicable to voluntary carbon credit (VCC) derivative contracts listed on designated contract markets (DCMs). DCMs are self-regulating exchanges that operate under the oversight of the CFTC. By law, they must take measures to protect market participants from abusive practices, promote fair and equitable trading,

In our previous blogs in this multipart series, we have focused on some of the major changes we believe EPA needs to make in its review process for new chemicals—and how EPA could propose regulations to make those reviews safer. In this post, we want to walk you through why EPA must set rules that …

The global backdrop to this month’s newsletter is somber. Still, there are bright spots for climate progress, and important opportunities for business action and advocacy.

Statement by Emily Steinhilber, Director, Climate Resilient Coasts and Watersheds Virginia, Environmental Defense Fund

EDF Statement from Kate Courtin, Senior Manager, U.S. Climate

This blog was co-authored by José Acosta-Córdova, Senior Transportation Policy Analyst at LVEJO Transportation is a big issue in Illinois, accounting for almost one-third of the state’s greenhouse gas emissions — the sector responsible for the most GHG emissions in the state. Medium- and heavy-duty vehicles, such as delivery vans, transit buses and large tractor-trailers are …

(This post was co-authored by EDF Climate Risk Attorney Elle Stephens) Disasters that are fueled by climate change, like fires, floods, and hurricanes, increasingly pose risks to the U.S. financial system, including the derivatives market. The U.S. Commodity Futures Trading Commission (CFTC) regulates the derivatives market and is now considering updates to its risk management …

As a major next step in achieving New York’s climate targets, Governor Hochul and state agency officials are developing rules for a cap-and-invest program. A bold and equitable program would aggressively cut climate pollution, while supporting and investing in clean and healthy communities around the state. This rulemaking could be game-changing for New York — …

Statement from Mark Brownstein, Senior Vice President, Energy Transition at Environmental Defense Fund

Three wins that came out of COP28, the U.N. Climate Conference, that you may have missed.

Statement from Curt Stokes, senior attorney for Environmental Defense Fund

Results were released today for Washington’s fourth quarterly cap-and-invest auction, which was held on December 6th. The results from this sold-out auction show continued strong demand for allowances in the program, which has brought in substantial revenue for the state of Washington to reinvest in its communities. This is the final auction of 2023, marking …

COP28 laid an important foundation and some direction on where countries, industry and civil society need to accelerate climate action. But the work following COP28 will require monumental ramp-up in ambition and collaboration to address the climate crisis. We hoped the final agreement would have given countries stronger direction toward a just and equitable transition to clean energy, including realizing the full potential of methane reductions to slow the rate of warming in the near term.  

Working alongside the Sustainable Energy and Environment Coalition (SEEC), U.S. Reps. Sean Casten (D-IL) and Mike Levin (D-CA) yesterday introduced the Clean Electricity and Transmission Acceleration (CETA) Act, which would address some of the most urgent issues in advancing the clean energy transition. This bill will encourage the development of new transmission lines to carry renewable power where it’s needed while protecting the rights of communities to provide input on where lines are built and to benefit from their construction.

Last week, EPA Administrator Regan announced final standards to cut methane and harmful local air pollution from both new and existing facilities in the oil and gas industry.   Diverse stakeholders ranging from major oil-producing states like New Mexico to tribal air agencies to oil and gas producers and methane mitigation companies have all voiced support …

In the last few years, North Carolinians have seen eye-popping electricity bills. Bill increase after bill increase has compounded, resulting in 20+ percent higher monthly bills for most ratepayers in our state. The main driver? The volatile cost of natural gas, which accounts for a larger and larger portion of the energy mix that North …

Sen. Sheldon Whitehouse (D-RI) and Rep. Suzan DelBene (D-WA) reintroduced the Clean Competition Act, which aims to reduce industrial climate pollution while strengthening the competitiveness of clean U.S. manufacturing through new incentives.

(This post was written by EDF interns Cyera Charles and Remeny White) Across the U.S. states are passing laws that will ensure greater equity as we transition to a clean energy system. EDF has developed an interactive map – based on our new report, the State Climate Equity Survey – that documents states’ efforts to …

In an order issued today, the U.S. Supreme Court declined to hear challenges to EPA’s Clean Air Act responsibility to address climate pollution.

Deepening patterns of water scarcity and excess pose a growing threat to agriculture across much of the United States according to a new report from the Environmental Defense Fund.

Concrete and cement are parts of our everyday lives, from sidewalks to bridges and schools, but their production contributes significantly to overheating the planet. We must find solutions for energy-intensive industries like these to reduce their climate pollution.

Water has finally reached the highest levels of global climate negotiations. The path to a sustainable freshwater future, however, lies with ground-level users. At COP 28, EDF is elevating their voices, their needs and the approaches they find most useful. _______ While greenhouse gases drive climate change, many of its impacts are inherently liquid. Whether …

Getting lead out of gasoline was a major public health victory. Yet half of American children under 6 tested between 2018 and 2020 still have detectable levels of lead in their blood, underscoring the need to get lead out of everything. 

Environmental Defense Fund and almost six dozen other health, environmental and public interest groups are asking the Environmental Protection Agency to protect people from dangerous air pollution caused by producing hydrogen with fossil fuels.

Panel will discuss emerging science and policy considerations for this critical ecosystem