Business group urges US Congress to halt clean car sales mandate
A coalition of over 330 businesses in the US called on the congressional leadership to scrap Advanced Clean Cars II (ACC II) regulations, which mandate all new cars, trucks, and SUVs sold in participating states to be zero-emission by 2035.
Read MoreWCI Markets: WCA outlook muddled by California’s rulemaking, legislative shifts in Washington
Washington Carbon Allowance (WCA) prices will likely continue their trend upward heading into linkage with WCI partners, but forecasts are clouded by legislative shifts and California’s considerations for programme revisions, North American Carbon World (NACW) heard last week.
Read MoreWashington ECY commences new rulemaking for cap-and-trade linkage to include additional topics
The Washington Department of Ecology (ECY) on Monday announced a new linkage rulemaking to update the state’s cap-and-trade programme, replacing an earlier attempt to align ongoing developments and address a wider range of topics.
Read MoreUS waste management firm launches carbon division for biochar credit generation
A Colorado-based waste management company on Monday announced its launch of a division focused on in-house biochar production for credit generation.
Read MoreCFTC: Traders continue to reduce CCA exposure as emitters build RGGI, LFS shorts
Market participants continued to cut their exposure to California Carbon Allowances (CCAs), while emitters went into a net short position in V25 RGGI allowances (RGAs) and once again built Low Carbon Fuel Standard (LFS) shorts, data published Friday by the US Commodity Futures Trading Commission (CFTC) showed.
Read MoreNACW25: Internal Scope 3 reporting obligations could obstruct decarbonisation progress
Demands for internal value chain accounting from companies risk delaying decarbonisation investments, North American Carbon World (NACW) participants heard Thursday.
Read MoreCalifornia lawmaker amends senate bill that originally called for ETS extension, reform
The sponsor of a California senate bill that was initially introduced to reform and reauthorise the cap-and-trade programme on Wednesday amended its text to instead indefinitely extend the state’s non-partisan agency’s GHG reporting mandates.
Read MoreNACW25: Outlook for North American clean fuels programmes mired in uncertainties
Credit prices across North American clean fuels programmes are expected to fluctuate amid persisting regulatory and political uncertainties, North American Carbon World (NACW) participants heard this week.
Read MoreCLARIFICATION – NACW25: RGGI states intend to complete programme review in 2025
States participating in the Northeast and Mid-Atlantic power sector cap-and-trade scheme RGGI intend to complete the ongoing Third Program Review in 2025, North American Carbon World participants heard Wednesday.
Read MoreNACW25: Boost in LCFS credit prices dependent on early implementation timeline
California’s Low Carbon Fuel Standard (LCFS) credit prices may still approach $100 this year, but this likelihood hinges upon when programme changes take effect, a conference heard on Tuesday.
Read More