Bolivia signs MoU with global carbon standard to expand knowledge on carbon markets

Published 21:49 on December 13, 2023  /  Last updated at 21:51 on December 13, 2023  / /  Americas, Paris Article 6, South & Central, US, Voluntary

Bolivia has signed a memorandum of understanding (MoU) with a global carbon standard to educate stakeholders and share knowledge about the nation’s carbon market activity.

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Washington Q4 carbon auction settles below APCR Tier 1

Published 20:30 on December 13, 2023  /  Last updated at 23:35 on January 4, 2024  / /  Americas, Canada, US

The auction of December current vintage units for Washington’s WCI-modelled cap-and-invest programme sold out just under the Allowance Price Containment Reserve (APCR) Tier 1 price, while the second advance sale settled much lower, according to results published Wednesday.

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Texas seeks proposals for funding in nature-based projects

Published 23:52 on December 12, 2023  /  Last updated at 23:52 on December 12, 2023  / /  Americas, Nature-based, US, Voluntary

Texas Parks and Wildlife Department (TPWD) has begun solicitation of proposals from public and private entities for nature-based carbon sequestration initiatives, the agency announced Tuesday.

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Massachusetts’ proposed Clean Heat Standard draft framework faces pushback from propane suppliers

Published 02:53 on December 12, 2023  /  Last updated at 03:34 on December 12, 2023  / /  Americas, RINs & LCFS, US

Several stakeholders joined the Massachusetts Department of Environmental Protection’s (DEP) community meeting on the draft Clean Heat Standard (CHS) to condemn compliance obligations for propane suppliers.

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US organisations call for adjustments on existing federal carbon management tax credit

Published 20:27 on December 11, 2023  /  Last updated at 20:52 on December 11, 2023  / /  Americas, US, Voluntary

More than 50 institutions on Monday called on the US Congress to make amendments to the federal CO2 sequestration tax credit in upcoming legislative proposals.

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Producers and speculators shuffle RGAs and CCAs, both shed WCAs

Published 01:33 on December 9, 2023  /  Last updated at 01:33 on December 9, 2023  / /  Americas, Canada, US

Compliance entities and speculators moved in opposite directions with their California Carbon Allowance (CCA) and RGGI holdings, while both groups reduced their Washington Carbon Allowance (WCA) positions over the last week, US Commodity Futures Trading Commission (CFTC) data showed Friday.

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California industrial allowance allocations rise slightly in 2024

Published 00:00 on December 9, 2023  /  Last updated at 00:00 on December 9, 2023  / /  Americas, Canada, US

California’s free carbon allowance distributions to industrials will rise for 2024, with petroleum and hydrogen production accounting for the highest year-on-year climb, according to data from state regulator ARB published on Friday.

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Oregon environment board appoints new deputy director, clarifies rulemaking for fuel suppliers in 2024

Published 02:33 on December 8, 2023  /  Last updated at 04:01 on December 8, 2023  / /  Americas, Canada, US

The Oregon Department of Environmental Quality’s (DEQ) policy board appointed a new deputy director and approved an amendment to its recent climate rulemaking to clarify the language for covered fuel suppliers at a special meeting on Thursday.

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Carbon management firm enrolls 688,000 ha of US forestlands into carbon projects, rebrands

Published 00:54 on December 8, 2023  /  Last updated at 18:33 on December 12, 2023  / /  Americas, Nature-based, US, Voluntary

A US-based carbon management company recently enrolled 1.65 million acres (688,000 ha) of industrial American forestlands into its carbon projects, and has rebranded to reflect plans to advance its decarbonisation efforts through land conservation, the firm announced Monday.

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WCI Markets: CCA prices inch upward on high volumes, WCAs continue to decline

Published 21:57 on December 7, 2023  /  Last updated at 21:57 on December 7, 2023  / /  Americas, Canada, US

California Carbon Allowance (CCA) prices ticked upward while Washington Carbon Allowance (WCA) values continued their descent, although both markets saw an increase in volumes throughout the week.

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