North Dakota commission urges Minnesota to recognise CCUS under its ‘problematic’ carbon free power standard

Published 21:02 on July 10, 2024  /  Last updated at 21:02 on July 10, 2024  / Bijeta Lamichhane /  Americas, US, Voluntary

The North Dakota Industrial Commission (NDIC) is pressing for the inclusion of carbon capture, utilisation, and storage (CCUS) under Minnesota’s carbon-free electricity requirements, which passed in spite of neighbour North Dakota’s reservations last year.

Read More

British Columbia, Quebec lead energy transition efforts in Canada, Saskatchewan falling behind -panel

Published 01:45 on July 10, 2024  /  Last updated at 01:45 on July 10, 2024  / Bijeta Lamichhane /  Americas, Canada

British Columbia and Quebec have emerged as leaders in Canada’s “fragmented” energy transition that is driven by provincial actions, while Saskatchewan largely remains behind other jurisdictions in advancing climate goals, webinar participants heard Tuesday.

Read More

US appeals court rejects opposition’s attempts to block EPA methane rules

Published 23:12 on July 9, 2024  /  Last updated at 23:12 on July 9, 2024  / Bijeta Lamichhane /  Americas, US, Voluntary

A federal appeals court on Tuesday denied an attempt from several US states and industry groups to block recent Environmental Protection Agency (EPA) rules to limit methane emissions from the oil and gas sector.

Read More

RGGI Market: RGA prices recede from highs, remain rangebound as volumes pick up

Published 01:48 on July 9, 2024  /  Last updated at 01:48 on July 9, 2024  / Bijeta Lamichhane /  Americas, US

RGGI Allowance (RGA) values over the past week reversed course from earlier records, but stayed well within the range set since early June, while an uptick in activity ahead of the US holiday boosted ICE volumes to the highest in a month.

Read More

High costs and infrastructure hurdles obstruct hydrogen’s role in grid decarbonisation -report

Published 01:39 on July 9, 2024  /  Last updated at 01:39 on July 9, 2024  / Bijeta Lamichhane /  Americas, International, US

Technical challenges associated with hydrogen use for clean electricity generation continue to hinder its potential in helping decarbonise the power sector, according to a recent study by a US environmental non-profit.

Read More

Washington’s current year volume once again picks up for Q3 auction

Published 22:24 on July 3, 2024  /  Last updated at 22:24 on July 3, 2024  / Bijeta Lamichhane /  Americas, Canada, US

Washington’s third quarterly carbon allowance auction in September will feature the highest number of current vintage permits offered so far this year, according to a notice published by the state’s Department of Ecology (ECY) Wednesday.

Read More

Washington releases draft rule language for cap-and-trade linkage

Published 02:26 on July 2, 2024  /  Last updated at 02:26 on July 2, 2024  / Bijeta Lamichhane /  Americas, Canada, US

The Washington Department of Ecology (ECY) on Monday released draft language of the cap-and-trade linkage rule to align the state’s carbon programme with the broader California-Quebec market.

Read More

RGGI Market: RGAs once again set new highs before retreating, volumes trend downward

Published 23:54 on July 1, 2024  /  Last updated at 23:54 on July 1, 2024  / Bijeta Lamichhane /  Americas, US

RGGI Allowance (RGA) settlement prices hit all-time highs yet again last week amid a persistent bullish outlook for the Third Program Review, despite the ongoing silence from the programme administrator regarding updates to the scheme, before retreating late in the week.

Read More

Verra releases new methodology for CCS

Published 01:36 on June 28, 2024  /  Last updated at 01:36 on June 28, 2024  / Bijeta Lamichhane /  Americas, Asia Pacific, EMEA, International, Voluntary

Global carbon standard Verra on Thursday released its new methodology for technology-based carbon capture and storage (CCS), including modules for CO2 capture, transport, and storage initiatives.

Read More

Alberta TIER credit retirements could reach 10 mln this year, says research firm

Published 00:46 on June 27, 2024  /  Last updated at 00:46 on June 27, 2024  / Bijeta Lamichhane /  Americas, Canada

Credit retirements under the Alberta Technology Innovation and Emissions Reduction (TIER) programme may reach 10 million tonnes this year, matching offsets and Alberta Emissions Performance Credits (EPCs) generation, a research firm said Wednesday.

Read More