Petitioners request US federal appeals court to rescind SEC climate disclosure rules
Opponents of the US Securities Exchange Commission’s (SEC) climate disclosure rules have asked a federal appeals court to revoke the regulation altogether, just months after the agency issued a stay to resolve mounting legal challenges.
Read MoreFuelled by California’s LCFS, US renewable diesel growth is shifting global feedstock market -report
California’s Low Carbon Fuel Standard (LCFS), followed by federal incentives for biomass-based fuels production, has spurred renewable diesel (RD) production in the US and consequently transformed the global feedstock trade landscape, according to the country’s Department of Agriculture (USDA).
Read MoreRGGI Market: Traders wary of a price plunge after RGAs set new highs
Market participants expressed trepidation over the possibility of a dive in RGGI Allowance (RGA) values after prices retreated from their peaks at the end of the week.
Read MoreWCI Q3 auction volume dips to lowest offered year-to-date
The California-Quebec joint WCI auction in August will offer the lowest volume of allowances so far this year, according to a notice from California regulator ARB published Friday.
Read MoreWCI Markets: CCAs consolidate, WCAs upbeat post strong Q2 auction
California Carbon Allowance (CCA) prices stabilised after last week’s price rout, while trade in Washington Carbon Allowances (WCAs) in the secondary market picked up after a strong second quarterly auction result.
Read MoreRise in US biofuels production could worsen air quality, particularly in disadvantaged communities -non-profit
Increasing support for US biofuels production – including renewable diesel (RD) and ethanol – as more sustainable alternatives to petroleum-based counterparts, overlook their impact on air quality, particularly in rural Midwestern communities, analysis by an environmental non-profit found.
Read MoreDEBs-tagged G-CCOs trade at premium during CCA price plunge, ARB offset issuance up in June
Golden CCOs (G-CCOs) with direct-environmental-benefits to the state (DEBs) have been selling at a premium to California Carbon Allowances (CCAs) due to the recent price rout in the joint California-Quebec carbon market, while regulator ARB’s compliance-grade offset issuance increased in June compared to the prior two-week period.
Read MoreBoost in renewables brings California emissions in April to record lows
California’s electricity sector recorded the lowest CO2 output since the state’s independent system operator began recordkeeping a decade ago, as renewables’ share made up more than half of the grid, data published Monday showed.
Read MoreAg-based project developer generates first-ever carbon credits from the US rice industry
A US-based agricultural offset project developer announced Tuesday credit generation for large-scale sustainable rice cultivation, which it said was the first of its kind in the country.
Read MoreLCFS Market: Clean fuels programme credit prices dive across US Northwest markets
Credit values for both Oregon Clean Fuels Program (OCFP) and Washington Clean Fuel Standard (WCFS) plummeted towards the end of last week, while California’s Low Carbon Fuels Standard (LCFS) credit prices remain pressured in recent months.
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