US CO2 pipeline developer accused of ignoring North Dakota landowners in ongoing permit hearing
A CO2 pipeline developer was accused of a lack of communication from landowners during a North Dakota Public Service Commission (PSC) hearing Friday, in its second attempt to secure construction permits, local media reported.
Read MoreSupporters, critics of EPA heavy-duty vehicle rules take action in court
Over 20 states and a major auto manufacturer separately filed motions to intervene in a lawsuit against the US Environmental Protection Agency’s (EPA) heavy-duty vehicle emissions standards.
Read MorePartial repeal of US IRA tax credits coupled with carbon fee could generate over $2 trillion -report
A partial repeal of climate-related tax credits in the Inflation Reduction Act (IRA), alongside a carbon fee, brings the US closer to achieving its Paris Agreement targets than an expansion of IRA measures alone, and could additionally generate over $2 trillion, according to a working paper modelling climate policy reform to follow the November US elections.
Read MoreTraders build net length across North American carbon markets, save for Washington
Both emitters and speculators added to their net holdings of California Carbon Allowances (CCAs) and RGGI Allowances (RGAs), while the latter group continued to shorten their net position in Washington Carbon Allowances (WCAs), according to weekly data from the US Commodity Futures Trading Commission (CFTC).
Read MoreWCI Markets: CCAs rally post-auction, WCAs remain illiquid
California Carbon Allowance (CCA) prices rallied through the rescheduled Q2 auction as market participants looked to the forthcoming cap-and-trade workshop, while Washington Carbon Allowance (WCA) prices gained on significantly smaller volumes than the week prior.
Read MorePREVIEW: Outlook firms ahead of rescheduled WCI Q2 auction
The California-Quebec current vintage carbon auction scheduled for May 22 is expected to clear in line with or at a slight discount to front-month California Carbon Allowance (CCA) prices, above predictions made before the postponement of the Q2 sale.
Read MoreUS energy sector could see $1 trillion less low-carbon investment under second Trump presidency -report
A November election victory for former US President Donald Trump would likely see reduced support for low-carbon energy and a rollback of methane, power plant, and transportation emissions regulations, according to a report published Thursday.
Read MoreDOE funded $19.7 mln “technically unacceptable” CCS project, says US Government Accountability Office
The US Government Accountability Office (GAO) has found that a carbon storage project funded by the Department of Energy (DOE) did not meet technical thresholds and is now delayed and the cost overrun, it said in a report published Thursday.
Read MoreAlberta TIER programme tightens emissions benchmarks for second time this year
The Alberta Technology and Emission Reduction (TIER) programme on Tuesday published a second round of updated benchmarks this year, tightening allowable emissions levels and raising compliance obligations through to 2030 across multiple sectors.
Read MoreVoluntary carbon credit management firm, Brazilian investor partner to scale offset projects
A voluntary carbon market management firm and a Brazilian investment company will collaborate to bolster opportunities for offset projects in Brazil.
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