CFTC data reveals largest RGGI drawdown for producers so far this year
Compliance entities slashed RGGI Allowance (RGA) holdings and net length in California Carbon Allowances (CCA), while managed money built positions across longer-dated North American carbon market vintages, data from the US Commodity Futures Trading Commission (CFTC) on Friday showed.
Read MoreBRIEFING: Packed election year risks silencing discussions on climate, say former UN leaders
Two former UN leaders highlighted the world risks losing sight of the urgency to tackle climate change over this packed election year, with conflicts and short-termism taking political priority, during an event in London on Friday.
Read MoreUS startup launches to scale fundings towards coastal NbS, biodiversity conservation
A US-headquartered consultancy launched this week to bolster and expedite funding towards nature-based solutions (NbS) and blue carbon, planning to engage in the nascent biodiversity credit market.
Read MoreINTERVIEW: Yale researchers to develop biodiversity credit methodologies for agroforestry
Researchers at Yale University have launched an initiative to design three biodiversity credit methodologies for agroforestry projects at smallholder farms in Latin America, Carbon Pulse has learned.
Read MoreOregon Clean Fuels Program surplus credit bank crosses 1 mln in Q4
With the highest quarterly net credits in programme history, Oregon’s Clean Fuels Program (OCFP) unit surplus soared above 1 million for the first time, according to state data published Thursday.
Read MoreOpposition towards avoided biomethane crediting under California’s LCFS persists
Ending factory farm biogas crediting under California’s Low Carbon Fuel Standard (LCFS) is a top priority for a large share of the stakeholders commenting on a proposed amendment package for the scheme.
Read MoreDOE announces $500 mln for CCS transport infrastructure projects
The US Department of Energy (DOE) announced Thursday that it would provide up to $500 million to support the nation’s carbon capture and storage (CCS) transport system, as it continues to ramp up its support of the technology.
Read MoreWCI Markets: CCAs pushed lower, WCAs driven up on low volume
California Carbon Allowance (CCA) prices trickled lower through the week as traders said option strategies were driving wide day ranges, while Washington Carbon Allowances (WCA) rose on ongoing muted activity.
Read MoreUPDATE – Article 6 Supervisory Body agrees on grievance mechanism procedure in “significant” milestone
The body mandated to shape UN carbon crediting under Article 6 has adopted procedures relating to grievances, notably getting rid of fees for those wanting to make complaints, in what observers have welcomed as a “significant” milestone.
Read MoreCalifornia March emissions drop to record lows as renewables output rises, natural gas retreats
California electricity sector emissions continued to fall to record lows in March, as renewables expanded their share of the state’s energy supply, while natural gas again receded, data published Wednesday showed.
Read More