Morgan Meguire News

At a June 23 hearing on oil market speculation, Chairman of the House Energy and Commerce Committee, John Dingell, (D-MI), said that lawmakers should consider a "full range" of options to curb oil market speculation.  Dingell said that Congress should examine proposals to increase margin requirements to 50 percent from their current ...

On June 19, House Ways and Means Committee member Lloyd Doggett (D-TX), and 15 other members of the Committee, introduced new climate legislation, H.R. 6316, The Climate Market Auction, Trust, and Trade Emissions Reduction System, or the "Climate MATTERS Act."  The bill now has 78 cosponsors, and was referred primarily to the Ways ...

On June 12, Rep. Rick Boucher (D-VA), Chairman of the Subcommittee on Energy and Air Quality, introduced legislation to accelerate the availability of carbon capture and storage (CCS) technology, entitled the Carbon Capture and Storage Early Deployment Act.  The bill would:Allow a "qualified industry organization" that represents ...

Carbon credit trading has increased dramatically in the last year, including in the United States, where firms trade European allowances under the Kyoto Protocol's Clean Development Mechanism (CDM).  However, due to a lack of consensus in international climate negotiations and little progress towards a new U.S. greenhouse gas emissions ...