Smells like clean spirit: Washington’s Puget Sound releases ambitious draft LCFS rule
Washington state’s Puget Sound Clean Air Agency (PSCAA) published a draft low-carbon fuel standard (LCFS) regulation on Wednesday, with the four-county region proposing the most ambitious carbon intensity (CI) reductions of any North American clean fuels programme.
Read MoreLCFS Market: California credits match record high above $200 amid pending price cap
California Low Carbon Fuel Standard (LCFS) credits have remained near historic highs above $200 over the past month despite state regulator ARB announcing it would seek to finalise a “firm maximum” price in the programme.
Read MoreLondon-based carbon investment firm assembles expert team ahead of fund launch
A London-based investment management firm has appointed a cast of carbon trading industry veterans as staff and advisors as it prepares to launch a global environmental markets fund.
Read MoreICAO moves toward long-term GHG goal, CORSIA launch despite opposition from 25 nations
ICAO’s Assembly on Friday backed the progression of work on setting a long-term emissions target for aviation and to advance the UN body’s CORSIA global offsetting mechanism towards operationalisation, though a fifth of the countries in attendance voted against the two resolutions in a surprise secret ballot.
Read MoreTrump administration to mull increasing 2020 biofuel quotas, further examine RIN reform
President Donald Trump on Friday tasked two federal agencies with taking steps to elevate next year’s biofuel quotas under the US Renewable Fuel Standard (RFS), also requesting that the departments continue to evaluate credit market reforms after previous proposals were shelved this year.
Read MoreRFS Market: RINs take off as biofuel deal reportedly back on
US biofuel credit (RIN) prices surged over the past two days as media outlets reported that President Trump was once again close to agreeing a plan that will boost next year’s Renewable Fuel Standard (RFS) quotas.
Read MoreCARBON FORWARD 2019 – UK climate minister Duncan to deliver keynote speech
**THIS IS A FREE ARTICLE** – Survive and thrive in carbon markets by joining us at the 4th annual CARBON FORWARD conference & training day where we will be joined by the pre-eminent experts to discuss a programme developed by environmental market experts and based on feedback from companies like yours.
Read MoreCalifornia sets November meeting to adopt LCFS price cap, borrowed credits mechanism
California regulator ARB will hold a meeting on Nov. 21 to consider amendments to install a price cap and a borrowed credits mechanism in the state’s low-carbon fuel standard (LCFS) in response to concerns about cost containment.
Read MoreTCI jurisdictions targeting spring 2020 cut-off for ETS participation
The Transportation and Climate Initiative (TCI) is aiming for member jurisdictions to commit by spring 2020 to develop a regional cap-and-invest programme for the US Northeast and Mid-Atlantic region, while planning to auction off nearly all carbon allowances in the future ETS.
Read MoreRFS Market: RIN prices sag as Trump impeachment inquiry stalls biofuels deal
US biofuel credit (RIN) prices have retreated in recent days amid reports that a major Renewable Fuel Standard (RFS) deal is on hold while President Donald Trump attempts to ward off an impeachment inquiry by Congressional Democrats.
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