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  / /  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.

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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  / /  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.

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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  / /  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.

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Verra releases new methodology for CCS

Published 01:36 on June 28, 2024  /  Last updated at 01:36 on June 28, 2024  / /  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.

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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  / /  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.

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Advisory committee members oppose Oregon DEQ’s proposal to allow for-profits to serve as CCI entities

Published 03:24 on June 26, 2024  /  Last updated at 03:24 on June 26, 2024  / /  Americas, US

Advisory committee members opposed the Oregon Department of Environmental Quality’s (DEQ) plans to allow for-profit companies to implement projects supported by Community Climate Investment (CCI) under the Climate Protection Program (CPP), at a meeting Tuesday.

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Washington’s cap-and-invest participation picks up in Q2

Published 02:27 on June 25, 2024  /  Last updated at 02:27 on June 25, 2024  / /  Americas, US

The number of entities registered with active accounts in Washington’s cap-and-trade scheme increased in Q2 despite the looming possibility of a programme repeal.

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RGGI Market: RGAs hover below peaks in the absence of programme review news

Published 23:24 on June 24, 2024  /  Last updated at 23:24 on June 24, 2024  / /  Americas, US

RGGI Allowance (RGA) values edged up even as market activity tapered off, partly driven by higher temperature forecasts across the Northeast, amid ongoing silence from the scheme’s administrator regarding updates to the Third Program Review.

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California March gasoline sale lags 2023 levels, diesel picks up once again

Published 00:17 on June 21, 2024  /  Last updated at 00:17 on June 21, 2024  / /  Americas, RINs & LCFS, US

California gasoline consumption in March continued to trail levels during the same time last year despite reaching year-to-date (YTD) highs, while diesel surpassed 2023 figures for the month amid the ongoing rise in monthly sales, state data published this week showed.

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Biorefinery firm finalises CCS agreements for its Nebraska facilities

Published 00:40 on June 20, 2024  /  Last updated at 00:40 on June 20, 2024  / /  Americas, Aviation/CORSIA, RINs & LCFS, US, Voluntary

A US biorefinery firm on Tuesday announced it has finalised agreements and equipment orders to deploy carbon capture and storage (CCS) with a 1.2 million tonne capacity at its Nebraska plants.

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