WCI Markets: CCAs back off from recent highs
Trading of California Carbon Allowances (CCAs) slowed following the high of regulator ARB’s recent vote on proposed Cap-and-Invest programme changes, while Washington Carbon Allowance (WCA) prices and trading activity dipped into the Q2 auction results.
Read MoreUPDATE – Q2 Washington auction clears at less than $1 below APCR trigger
The recent Q2 Washington current carbon auction cleared at less than $1 below the 2026 Allowance Price Containment Reserve (APCR) Tier 1 trigger, within traders’ and analysts’ expectations ahead of the sale, a Wednesday notice showed.
Read MoreUPDATE – Canada softens industrial carbon price trajectory, caps benchmark at C$100 through 2029
Canada’s federal government has announced a revised long-term industrial carbon pricing trajectory extending through 2040, with the headline carbon price rising from the current C$95/tonne to C$130 ($94.36) by 2035, before increasing annually by 1.5% until reaching C$140 in 2040.
Read MoreTop buyer Microsoft suspends carbon removal purchase programme -sources
Microsoft has suspended its carbon removal (CDR) buying programme, according to several sources, in a move that threatens to upend a nascent but fragile market heavily reliant on the tech giant’s demand.
Read MoreCF Asia: SE Asia keen to mobilise international carbon credits, but wait on legislation
Several carbon market stakeholders in Southeast Asia signalled an interest in developing credits for international markets, but domestic policy architecture still lags behind such ambition, conference attendees heard Tuesday.
Read MoreCalifornia offset issuance down 61.4% YoY
California has issued less offsets to-date compared to the same timeframe in 2025, according to data published Wednesday.
Read MoreFEATURE: CDR industry braces for year ahead as investors prepare to weather the storm
As carbon removal (CDR) companies approach the end of their financial runways, investors expect a challenging year ahead for the industry, though some see strategies that could carry the sector through.
Read MoreCanada still loses to US on CDR financing, but offers other potential, developers say
The US still offers more compelling subsidy of CO2 storage over Canada, though other factors have been successful in pulling Canadian companies back across the border, developers said on a panel Friday.
Read MoreMCDR company opts to diversify revenue streams on path to commercial deployment
A US-based marine carbon dioxide removal (mCDR) company is actively selling its product beyond carbon markets to circumvent the technology scale-up “valley of death”, a company representative said at a conference on Thursday.
Read MoreCanadian bank signs third offtake deal
A Canadian bank has signed its third offtake deal for carbon removal credits from a California-based developer that is expanding its operations north of the border.
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