CFTC: Shift to V25 CCAs extends, traders reduce RGGI exposure
An ongoing build-up of V25 California Carbon Allowance (CCA) holdings comes at the expense of V24s, while RGGI traders reduce exposure as allowance prices in the secondary market decline from summer peaks, according to this week’s data released Friday from the US Commodity Futures Trading Commission (CFTC).
Read MoreUS DOE plans to fund up to $1.3 bln carbon capture projects
The US Department of Energy (DOE) plans to fund up to $1.3 billion in carbon capture and sequestration (CCS) projects, according to a Notice of Intent (NOI) issued on Friday.
Read MoreFinal Oregon CPP reinstatement discussions explore potential refinements on stringency, costs
Industry opposition to Oregon’s proposed Climate Protection Program (CPP) remained muffled amid strong voices of support for the scheme, although the state’s Environmental Quality Commission (EQC) continues to explore potential avenues for revisions as the programme regulator concluded its final discussions ahead of the rule proposal.
Read MoreBrazil’s Amazonas REDD+ recommendation to suspend activities halted as prosecutors defend effort
Brazil’s Federal Public Prosecutor’s Office (MPF) recommendation to suspend REDD+ activities in the state of Amazonas has been temporarily halted by an oversight committee despite MPF objections.
Read MoreCWNYC24: BRIEFING – COP29 to encourage private sector role crucial to decarbonisation
The private sector is poised to take an increasingly important role in achieving global decarbonisation tasks, according to speakers at the New York edition of the World Climate Summit 2024 this week, in line with Climate Week NYC programming.
Read MoreUS House introduces bill to lift EPA’s summertime ban of E15 fuel sales
A bipartisan group of representatives in the US House of Representatives introduced legislation Friday that would enable the year-round sale of E15 fuels at retail gas stations across the nation.
Read MoreCWNYC24: Canadian carbon markets brace for shifting political, investment landscape
Impending federal elections and investment enthusiasm for carbon capture, utilisation, and storage (CCUS) are weighing on Canadian emissions trading systems, experts discussed during Climate Week NYC.
Read MoreGlobal consultancy questions rationale of California’s proposed LCFS 15-day rules in restricting low carbon fuel market access
California ARB’s proposed 15-day notice for its Low Carbon Fuel Standard (LCFS) draft rules issued last month disproportionately restricts or constrains market access, a webinar heard Thursday, with expectations for credit prices based on potential adjustments to the regulator’s highly anticipated second 15-day notice package.
Read MoreCWNYC24: Brazilian J-REDD deal ignored governor’s tainted record, say Indigenous leaders
A buyers’ club for jurisdictional REDD (J-REDD) credits announced a R$1 billion ($180 million) offtake agreement with a Brazilian state at Climate Week NYC despite its government’s ongoing bias toward mining and agribusiness, Indigenous leaders have said.
Read MoreEU applies ‘resilience criteria’ to bolster domestic cleantech
The European Commission will apply a 25% cap on sourcing electrolyser stacks from China in the next auction of its Hydrogen Bank, but local content requirements remain controversial, participants heard at the EU’s cleantech summit this week.
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