US oil and gas industry continues to eye EOR for captured CO2 utilisation

Published 14:27 on October 11, 2024  /  Last updated at 14:27 on October 11, 2024  / /  Americas, US, Voluntary

US oil and gas industry members maintained their support for enhanced oil recovery (EOR) as a beneficial carbon capture, utilisation, and storage (CCUS) solution, even as market forecasts indicate a shift towards dedicated geological storage, a conference heard this week.

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Industry members call for strengthened 45Q incentives to support CCS

Published 23:28 on October 10, 2024  /  Last updated at 23:28 on October 10, 2024  / /  Americas, US, Voluntary

The US carbon capture and storage (CCS) sector needs higher credit values and certainty beyond the current crediting timeline to catalyse growth, conference attendees heard this week.

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INTERVIEW: US SAF deployment slowed by regulatory inefficiencies

Published 23:08 on October 10, 2024  /  Last updated at 23:08 on October 10, 2024  / /  Americas, Aviation/CORSIA, EMEA, International, RINs & LCFS, US

Current US policy incentives fall short of supporting sustainable aviation fuel (SAF) rollout, prompting producers to target markets with mandates in the near-term, industry members told Carbon Pulse.

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US ELECTIONS PREVIEW: Next US administration to determine future path of domestic, international environmental policy focus

Published 22:55 on October 10, 2024  /  Last updated at 22:55 on October 10, 2024  / , , , and /  Americas, Carbon Taxes, CBAM, Climate Talks, International, US, Voluntary

With under a month to US elections, Carbon Pulse’s North American team has sourced insights from a wide network of policy analysts and industry stakeholders on some of the key environmental issues potentially at stake depending on which candidate occupies the White House next year.

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Permit delays among the biggest bottlenecks for US CCS projects

Published 03:54 on October 10, 2024  /  Last updated at 03:54 on October 10, 2024  / /  Americas, US, Voluntary

Uncertainty surrounding permit approval timelines for US carbon capture and storage (CCS) projects has become a major “pain point” for operators in the country and stifled much-needed progress in the industry, conference participants heard Wednesday.

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RGGI Market: RGAs slip further towards 2025 CCR

Published 01:09 on October 8, 2024  /  Last updated at 01:09 on October 8, 2024  / and /  Americas, US

RGGI Allowances (RGA) in the secondary market continued their descent over the week as prices adjusted in response to programme updates from the administrator, with traders largely projecting the 2025 Cost Containment Reserve (CCR) value as the near-term level of support.

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Oregon lays out proposed CFP rules in alignment with California’s LCFS

Published 03:36 on October 5, 2024  /  Last updated at 03:36 on October 5, 2024  / and /  Americas, RINs & LCFS, US

Oregon released draft rules to update their Clean Fuels Program (OCFP) after market close Friday, following in the footsteps of California’s near midnight Eastern publication earlier in the week of their Low Carbon Fuel Standard (LCFS) rulemaking changes.

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CFTC: Positive sentiment shift across North American carbon markets

Published 01:57 on October 5, 2024  /  Last updated at 01:57 on October 5, 2024  / and /  Americas, Canada, US

Traders increased net length across their holdings of California Carbon Allowances (CCAs), RGGI Allowances (RGAs), and Washington Carbon Allowances (WCAs), according to this week’s data released Friday from the US Commodity Futures Trading Commission (CFTC).

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US airline sustainability head calls for policy alignment to boost SAF

Published 01:31 on October 5, 2024  /  Last updated at 01:31 on October 5, 2024  / /  Americas, Aviation/CORSIA, RINs & LCFS, US, Voluntary

The sustainable aviation fuels (SAF) industry is unlikely to scale without cohesive policy measures across jurisdictions, the sustainability lead at a major US airline said Thursday.

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WCI compliance instrument surplus exceeds 400 mln in Q3, while entities close accounts

Published 02:58 on October 4, 2024  /  Last updated at 02:58 on October 4, 2024  / /  Americas, Canada, US

The WCI compliance instrument surplus surpassed the 400 million mark in Q3 ahead of the November true-up deadline, although the number of account holders declined over the timeframe in light of general market participants’ exit.

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