NACW25: Boost in LCFS credit prices dependent on early implementation timeline
California’s Low Carbon Fuel Standard (LCFS) credit prices may still approach $100 this year, but this likelihood hinges upon when programme changes take effect, a conference heard on Tuesday.
Read MoreWashington’s cap-and-trade participation inches higher in Q1
The number of entities registered with active accounts in Washington’s cap-and-trade programme ticked up in an early look at Q1 data, the state’s Department of Ecology (ECY) figures showed.
Read MoreIowa lawmakers introduce bill to ban eminent domain for CO2 pipelines
Iowa legislators filed a bill this month to restrict the use of eminent domain for CO2 pipeline projects, adding to mounting challenges against a multi-state developer already facing uncertainty after South Dakota passed a similar legislation.
Read MoreAffordability concerns weigh on Washington’s considerations to tighten WCFS
A bill that aims to tighten the carbon intensity (CI) reduction targets under the Washington Clean Fuel Standard (WCFS) drew opposition at Wednesday’s public hearing over affordability concerns, while proponents stressed the need for broader market alignment.
Read MoreNew Mexico eases compliance CI standards in draft clean fuels programme rules
New Mexico’s environment ministry on Wednesday increased proposed carbon intensity (CI) levels as it drafts rules for the state’s Clean Transportation Fuel Standard (CTFS) regulation, thereby easing compliance obligations for gasoline and diesel while allowing for higher credit generation for renewable diesel (RD) and biodiesel suppliers.
Read MoreNorth American Clean Fuels Markets: LCFS credit prices stabilise following positive signals from ARB
California’s Low Carbon Fuel Standard (LCFS) credit prices stabilised in March after regulator ARB indicated that programme changes could take effect in time for Q1 2025 reporting, while Washington’s senate considered a bill to increase the stringency of its clean fuels programme Wednesday.
Read MoreWashington lawmakers consider increased carbon intensity reduction targets under clean fuels programme
Washington’s senate committee on Wednesday will consider a bill that aims to adjust carbon intensity (CI) reduction targets under the state’s Clean Fuel Standard (WCFS).
Read MoreUPDATE – WCI Markets: California lawmakers amend bill to scrap ETS extension, raise price ceiling
California lawmakers this week amended one of the bills introduced to cement the state legislature’s intent to extend the cap-and-trade programme past 2030, stripping reauthorisation language to instead adjust price ceiling provisions under the scheme.
Read MoreCFTC: Auctions drive compliance positioning, LCFS optimism catches speculators
Compliance entities reduced net length across North American carbon markets around first quarter allowance auctions, while investors added Low Carbon Fuel Standard (LFS) length after prospects of a Q1 2025 implementation of programme updates fuelled optimism, latest figures from the US Commodity Futures Trading Commission (CFTC) showed Friday.
Read MoreWCI Markets: ARB’s latest ISOR tangle crushes CCAs again, WCAs ride high post Q1 sale
California regulator ARB shifting goalposts in releasing the Initial Statement of Reasons (ISOR) signalling formal ETS rulemaking once again pummelled California Carbon Allowances (CCA) prices, while Washington Carbon Allowances (WCA) gained momentum after a strong first quarterly permit sale earlier this week.
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