Cost, policy challenges seen to undermine US SAF deployment efforts
The cost of sustainable aviation fuel (SAF) production in the US, combined with policy uncertainty, has continued to stall industry growth, a conference heard on Tuesday.
Read MoreLimiting global warming to 1.5C no longer possible, says analyst
The 1.5C global warming target is now out of reach amid rising fossil fuel demand and GHG emissions, an analyst said at a conference Wednesday.
Read MoreRGGI Market: Benchmark RGAs exceed $22 despite looming uncertainties
Benchmark RGGI allowance (RGA) prices surpassed $22 for the first time in nearly a month even as uncertainties related to the programme update timeline and risks surrounding federal action clouded the overall outlook for the market.
Read MoreBRIEFING: Washington cap-and-trade advisory groups discuss EITE provisions with linkage in mind
Washington’s Department of Ecology’s (ECY) advisory groups this week nudged the agency to consider linkage as it prepares its recommendations surrounding no-cost allocations for Emissions Intensive, Trade Exposed Industries (EITEs).
Read MoreCFTC: Investors resort to V25 CCA, LCFS, RGGI spreads awaiting programme updates
Speculators cautiously raised California Carbon Allowance (CCA), Low Carbon Fuel Standard (LCFS), and RGGI allowance (RGA) spread holdings over the week absent firm regulatory guidance, data published Friday by the US Commodity Futures Trading Commission (CFTC) showed.
Read MoreWCI Markets: CCA activity stalls as traders await ETS reauthorisation resolution
Transaction activity in California Carbon Allowances (CCA) cooled through the week amid plentiful programme reauthorisation discussions, but without guidance on rulemaking timelines or lawmakers’ legislative priorities for cap-and-trade post 2030.
Read MoreNorth American Clean Fuels Markets: Liberal victory in Canada boosts CFR values, US schemes await price signals
Canada’s Clean Fuel Regulation (CFR) credit values moved higher following re-election of the Liberal government late April, while programmes across the US largely stabilised heading into May anticipating actions that would direct price trajectory.
Read MoreCalifornia’s climate measures one of several factors affecting retail gas prices, says EIA
A combination of factors, including but not limited to the state’s climate mandates, has kept California’s gasoline prices higher than the national average, said the US Energy Information Administration (EIA).
Read MoreMaine legislators seek to update renewable electricity sales targets
Lawmakers in Maine this month introduced legislation to update the state’s renewable electricity sales targets, in part by enabling a new category for clean resources to fulfil a portion of the supply.
Read MoreCFTC: CCA investors opportunistically build V25 length as unresolved risks weigh on prices
Investors used California Carbon Allowance (CCA) price weakness to rebuild V25 exposure at the expense of longer dated contracts, while reducing RGGI Allowance (RGA) holdings, under the unresolved spectre of potential federal legal action against US state-led ETS programmes and ongoing regulatory delays, data published Friday by the US Commodity Futures Trading Commission (CFTC) showed.
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