Latest

RINs jolt on news that Trump may respond to recent biofuel waivers  

Published 19:37 on August 20, 2019  /  Last updated at 22:31 on August 20, 2019  /  Americas, RINs & LCFS, US  /  No Comments

US biofuel credit (RIN) prices briefly surged on Tuesday on news that President Donald Trump may reassess his position on Renewable Fuel Standard (RFS) compliance waivers following a backlash in the Midwest over the administration’s recent issuances.

Read More
Latest

North Carolina RGGI linkage may not drive deep CO2 cuts -report

Published 17:40 on August 20, 2019  /  Last updated at 17:40 on August 20, 2019  /  Americas, US  /  No Comments

Implementing a power sector ETS in North Carolina and linking to the Northeast US RGGI programme may not stimulate significant emissions reductions in the state compared to other policy approaches, according to a new government report.

Read More
Latest

ANALYSIS: Softer August WCI auction result seen after bearish market trend

Published 17:35 on August 20, 2019  /  Last updated at 17:35 on August 20, 2019  /  Americas, Canada, US  /  No Comments

Traders are anticipating another settlement below the secondary market for the quarterly WCI auction, as compliance entities look to take advantage of the programme’s recent bearish trend and scoop up allowances at discounted levels.

Read More
Latest

New Hampshire governor vetoes legislation to alter RGGI spending, remove exit clause

Published 22:28 on August 19, 2019  /  Last updated at 22:28 on August 19, 2019  /  Americas, US  /  No Comments

New Hampshire Governor Chris Sununu (R) has vetoed a bill that would have both ended consumer rebates from proceeds obtained by RGGI and removed a clause that allows the state to opt out of the regional cap-and-trade programme.

Read More
Latest

Renewables intermittency, affordability pose challenges for California’s carbon neutrality

Published 21:09 on August 19, 2019  /  Last updated at 21:15 on August 19, 2019  /  Americas, Canada, RINs & LCFS, US  /  No Comments

Replacing California’s fossil fuel power generation with 100% renewables and safeguarding low-income communities against price hikes present challenges for achieving the state’s 2045 carbon neutrality goal, experts said at a multi-day hearing.

Read More
Latest

Oregon Clean Fuels Program notches record credit deficit for Q1 2019

Published 15:51 on August 19, 2019  /  Last updated at 15:51 on August 19, 2019  /  Americas, RINs & LCFS, US  /  No Comments

The Oregon Clean Fuels Program (OCFP) recorded its largest-ever credit deficit during the first quarter of 2019, dropping the low-carbon fuel standard’s surplus bank below 500,000 tonnes, state data showed Friday.

Read More
Latest

Higher CO2 price should be focus of California allowance oversupply talks -experts

Published 01:16 on August 17, 2019  /  Last updated at 16:41 on August 20, 2019  /  Americas, Canada, RINs & LCFS, US  /  No Comments

California should worry less about hitting the state’s long-term GHG goal and focus on raising carbon allowance prices to stimulate innovation and allay concerns about the oversupply of CO2 permits in its ETS, economists said at public hearing Friday.

Read More
Latest

California utility PG&E to present reorganisation plan by Sep. 9

Published 19:09 on August 15, 2019  /  Last updated at 00:00 on August 16, 2019  /  Americas, Canada, US  /  No Comments

Embattled California utility Pacific Gas & Electric (PG&E) will submit its reorganisation plan three weeks ahead of a late September deadline, according to a recent filing, as the company attempts to prevent a bankruptcy court from considering competing proposals from its creditors.

Read More
Latest

NA Markets: WCI rises ahead of next week’s auction, while RGGI hits 11-mth low

Published 17:28 on August 15, 2019  /  Last updated at 17:28 on August 15, 2019  /  Americas, Canada, US  /  No Comments

California Carbon Allowance (CCA) prices rose this week ahead of the WCI cap-and-trade programme’s quarterly sale, while RGGI allowances (RGAs) exacerbated their ongoing skid.

Read More
Latest

California senator urges ARB to oppose Tropical Forest Standard

Published 23:51 on August 14, 2019  /  Last updated at 01:39 on August 15, 2019  /  Africa, Americas, Asia Pacific, Aviation, Canada, Climate Talks, EMEA, International, Mexico, New Market Mechanisms, REDD, South & Central, US, Voluntary Market  /  No Comments

California regulator ARB should not endorse its Tropical Forest Standard (TFS) next month because sector-based REDD offsets lack environmental and social integrity and fail to address the root causes of deforestation, a state senator said, potentially opening a bicameral rift over the already divisive issue.

Read More

We use cookies to improve your website experience and to analyse our traffic. We also share non-personally identifiable information about your use of our site with our analytics partners. By continuing to use our site, you agree to this. More information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close