California’s environmental justice advisory body recommends scrapping ETS free allowances, offsets
California regulator ARB’s Environmental Justice Advisory Committee (EJAC) on Thursday approved a set of recommendations for cap-and-trade programme revisions, which included calls to eliminate free allowances and offsets.
Read MoreWCI Markets: CCA sentiment sours ahead of Q4 auction
California Carbon Allowances (CCA) futures sold off sharply through the week ahead of the last quarterly allowance sale – with traders concerned over the lack of movement on the regulatory front from ARB – diverting attention away from the increase in Washington Carbon Allowance (WCA) prices.
Read MoreUS DOE allocates $20.2 mln to advance algae development for low carbon fuels, bioproducts
The US Department of Energy (DOE) on Thursday announced $20.2 million in funding to support research and development efforts to convert algae into low carbon fuels and bioproducts.
Read MoreUS appeals court hears arguments on Washington’s cap-and-trade lawsuit
A US appellate court on Wednesday heard arguments in an appeal of a district court’s ruling against a power producer’s challenge to Washington’s no-cost permit allocation provisions under the cap-and-trade scheme.
Read MoreSCOTUS halts attempt to revive youth climate case
The Supreme Court of the US (SCOTUS) this week rejected an effort from youth activists to reopen a lawsuit against the federal government for its alleged failure to address climate change.
Read MoreBrazilian oil refiner to produce SAF, RD using industrial hydrotreating technology
An oil refinery based in Rio Grande, Brazil has signed an agreement with a Danish CO2 reduction tech firm to deploy the latter’s hydrotreating technology for the production of sustainable aviation fuel (SAF) and renewable diesel (RD).
Read MoreUS appeals court upends White House authority to enforce NEPA regulations
A federal appeals court on Tuesday determined that the White House environmental council lacks authority to enact rules under the National Environmental Policy Act (NEPA), overturning decades of regulatory practice.
Read MoreGerman agtech firm raises $22 mln in Series A funding
A Berlin-based regenerative agriculture firm has closed a $22 million Series A financing, marking the largest such funding round for an agtech start-up in Germany this year, the company said Tuesday.
Read MoreUS lawmakers propose tax credit extension for second generation biofuels
A bipartisan trio of US House Representatives on Friday introduced a bill to extend a biofuels tax credit by a year as producers await guidance on a key incentive.
Read MoreBRIEFING: ARB members green light California’s LCFS programme amendments
Members of California’s ARB approved the Low Carbon Fuel Standard (LCFS) programme changes on Friday after hearing hours of public testimony, followed by several hours of debate, and a failed motion that sought to tighten provisions for avoided methane crediting.
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