Advisory committee members oppose Oregon DEQ’s proposal to allow for-profits to serve as CCI entities
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.
Read MoreWashington’s cap-and-invest participation picks up in Q2
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.
Read MoreRGGI Market: RGAs hover below peaks in the absence of programme review news
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.
Read MoreCalifornia March gasoline sale lags 2023 levels, diesel picks up once again
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.
Read MoreBiorefinery firm finalises CCS agreements for its Nebraska facilities
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.
Read MorePetitioners 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.
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