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  / /  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.

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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  / /  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.

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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  / /  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.

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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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