Pennsylvania governor keeps mum on pursuing cap-and-trade recommendations from RGGI working group
A working group convened by Pennsylvania Governor Josh Shapiro (D) released its final memorandum Friday detailing recommendations for cap-and-trade in the Keystone State, though the Commonwealth leader did not provide any information regarding his plans to implement the advice.
Read MoreCalifornia ARB board meeting weighs in on tighter LCFS targets as dairy, aviation industry representatives voice concerns
California regulator ARB provided updates on major considerations for its upcoming Low Carbon Fuel Standard (LCFS) rulemaking at a non-voting Board meeting on Thursday, as commenters offered input on the regulator’s carbon intensity (CI) reduction targets and raised concerns about avoiding methane crediting and jet fuel emissions.
Read MoreWCI Markets: CCAs, WCAs fall for second week in a row amidst wider uncertainty
California Carbon Allowances (CCAs) waned for the second week in a row in both price and volume as wider macroeconomic issues and market dynamics clouded trading, while Washington Carbon Allowances (WCAs) also continued their drop over the same period with a sense of distrust in the young cap-and-trade system persisting.
Read MoreCalifornia power emissions continue to recede through August
California electricity sector CO2 output maintained its 10-year decline through August, as the share of renewables and hydroelectricity continued to climb while imports decreased compared to 2022 levels, according to data published Wednesday.
Read MoreSingapore aims to address coal power emissions with a new asset class of carbon credits
The central bank of Singapore and a leading consulting firm jointly released a working paper on Tuesday that proposed a new asset class of carbon credits to accelerate the early retirement of coal-fired power plants (CFPPs).
Read MoreRGGI Market: RGAs stagnate as reactions vary to Third Program Review meeting materials
RGGI Allowance (RGA) values remained unchanged from their year-to-date highs over the past week, as market participants expressed mixed sentiments to the release of materials published in advance of the next Third Program Review meeting.
Read MoreSpeculators discard California carbon and RGGI net length, WCA holdings data becomes available
Financial players pared back their California Carbon Allowance (CCA) and RGGI Allowances (RGGI) net length over the week, as Washington Carbon Allowance (WCA) futures and options holdings became available for the first time, according to US Commodity Futures Trading Commission (CFTC) data published Friday.
Read MoreCalifornia introduces international initiative to address methane emissions
California on Wednesday announced an international climate initiative targeting methane reduction and mitigation, as seven signatories from six countries participated in the launch event at New York Climate Week.
Read MoreMassachusetts September GWSA auction sees significant price decline
Massachusetts’ power sector Global Warming Solutions Act (GWSA) auctions for current as well as future vintages settled at the lowest level since March 2022, while offered volume remained the same as this year’s Q3 sale, according to results published Tuesday.
Read MoreCarbon credit provider expands network, extends partnership to sustainable aviation alliance
A climate platform and software provider announced its expanded network of partners on Monday, including its first-ever aggregator partnership with a sustainable aviation fuel (SAF) alliance.
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