US DOE announces $189 mln conditional loan for methane detection network

Published 20:48 on January 5, 2024  /  Last updated at 20:48 on January 5, 2024  / /  Americas, US

A Denver-headquartered emissions management firm is set to receive financial backing from the US Department of Energy’s (DOE) Loan Programs Office (LPO) to scale its methane detection technology across six states.

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Washington releases Q1 auction volumes, reveals 2023 revenue from first year of cap-and-invest

Published 00:30 on January 5, 2024  /  Last updated at 00:50 on January 5, 2024  / /  Americas, US

Washington’s Department of Ecology (ECY) presented the volume of current vintage allowances on offer for its first of the four quarterly Washington Carbon Allowances (WCA) auctions of the year, and also published revenue generated following the completion of the first year of the state’s cap-and-trade scheme.

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US DOE offers $2.5 bln carbon management funding opportunities

Published 21:58 on January 4, 2024  /  Last updated at 23:00 on January 4, 2024  / /  Americas, US

The US Department of Energy (DOE) Office of Fossil Energy and Carbon Management (FECM) on Thursday released closing dates on available funding for carbon projects, with deadlines as early as Friday.

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WCI market observers question ARB modelling after Nov. 16 cap-and-trade workshop

Published 23:33 on January 3, 2024  /  Last updated at 23:34 on January 3, 2024  / /  Americas, Canada, US

Over 25 commenters offered input on proposed amendments to the joint California-Quebec cap-and-trade programme following a November public rulemaking workshop, as multiple observers called for an updated price modelling but provided varied recommendations for adjustments to the scheme.

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Washington 2022 GHG output more than doubles following expanded reporting mandates

Published 22:48 on January 2, 2024  /  Last updated at 22:48 on January 2, 2024  / /  Americas, US

Reported emissions in Washington saw a significant surge in 2022 as disclosure requirements extended to fuel suppliers and electric power entities (EPEs) for the first time, data published by the state showed.

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Registered participants for Washington’s cap-and-trade scheme pick up in Q4

Published 23:26 on December 22, 2023  /  Last updated at 23:38 on December 22, 2023  / /  Americas, US

The Washington Department of Ecology (ECY) has revealed the list of entities registered to hold allowances and offsets in the state’s WCI-modelled cap-and-invest programme throughout Q4, with the number of companies more than 70% higher than entities that have qualified to bid in auctions.

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California gasoline sales retreat in September as diesel picks up, but both fall behind 2022 levels throughout Q3

Published 20:38 on December 21, 2023  /  Last updated at 20:38 on December 21, 2023  / /  Americas, RINs & LCFS, US

California gasoline sales for September dipped in comparison to levels seen in August while diesel consumption continued its upward trajectory for a second month, although both values hovered below 2022 levels, according to state data released Thursday.

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ARB lays out increased CI reduction targets in its proposed LCFS amendments

Published 02:39 on December 20, 2023  /  Last updated at 10:40 on December 20, 2023  / /  Americas, RINs & LCFS, US

California regulator ARB on Tuesday published a preliminary Low Carbon Fuel Standard (LCFS) regulatory proposal with amendments to the carbon intensity (CI) reduction benchmarks, jet fuel exemptions, and phaseout pathways for avoided methane crediting featuring among other measures to tighten the programme.

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Massachusetts December GWSA carbon auction prices continue to decline

Published 22:55 on December 19, 2023  /  Last updated at 22:59 on December 19, 2023  / /  Americas, US

Massachusetts’ power sector Global Warming Solutions Act (GWSA) auctions for current and future vintages settled below the September sale on lower volumes, according to a report from Potomac Economics published by the Massachusetts Department of Environmental Protection (MassDEP).

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Environmental trading platform seeks views on new watershed carbon credit methodology

Published 21:01 on December 19, 2023  /  Last updated at 21:15 on December 19, 2023  / /  Americas, EMEA, International, Nature-based, South & Central, US, Voluntary

A blockchain-based environmental trading platform has opened a public comment window for its newly developed credit class and methodology for watershed carbon, it announced Monday.

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