Oregon lays out proposed CFP rules in alignment with California’s LCFS
Oregon released draft rules to update their Clean Fuels Program (OCFP) after market close Friday, following in the footsteps of California’s near midnight Eastern publication earlier in the week of their Low Carbon Fuel Standard (LCFS) rulemaking changes.
Read MoreCFTC: Positive sentiment shift across North American carbon markets
Traders increased net length across their holdings of California Carbon Allowances (CCAs), RGGI Allowances (RGAs), and Washington Carbon Allowances (WCAs), according to this week’s data released Friday from the US Commodity Futures Trading Commission (CFTC).
Read MoreUS airline sustainability head calls for policy alignment to boost SAF
The sustainable aviation fuels (SAF) industry is unlikely to scale without cohesive policy measures across jurisdictions, the sustainability lead at a major US airline said Thursday.
Read MoreWashington offers largest current year volumes for 2024 at Q4 sale amidst binary risk
Washington state’s Department of Ecology (ECY) will offer the most number of current year permits of all the auctions held in 2024 at its final sale in December, along with future vintage allowances despite the looming risk of programme repeal in November, according to a notice published by the agency on Friday.
Read MoreDubai summit highlights plans for UAE carbon registry
An Emirati resolution to establish a national registry of carbon credits aligned with Article 6 of the Paris Agreement earned special mention at the World Green Economy Summit held in Dubai this week.
Read MoreSCOTUS rejects states’ efforts to halt US methane rules
The US Supreme Court (SCOTUS) has denied stay applications filed by Republican-backed states against the Environmental Protection Agency (EPA)’s rules to limit methane output from the oil and gas sector.
Read MoreEuro Markets: EUAs test key support early and late, shrugging off brief rally as bears remain in charge
European carbon prices recorded their sixth five-day decline in the last seven weeks, with bears still firmly in charge as they ended the period just shy of a key support level and selling pressure pushing the market to new six-month lows, while UK Allowances resumed their decline.
Read MoreIMO talks to cut shipping emissions end with little progress
Talks at the International Maritime Organisation (IMO) this week concluded with some promising signs for the introduction of a carbon levy but still no significant advances.
Read MoreEU nations greenlight tariffs on Chinese EVs to protect home industry
A proposal to impose tariffs on China-made electric vehicles has received clearance from the EU’s 27 member states, in efforts to support the competitiveness of the bloc’s auto industry.
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