USDA appoints members to its VCM advisory council
The US Department of Agriculture (USDA) on Tuesday announced the appointment of over 30 members to an advisory council for a newly established federal programme that helps rural stakeholders participate in the voluntary carbon market (VCM).
Read MoreCFTC: Producers increase net length across CCA, RGA to wrap up 2024
Producers built their net length for both California Carbon Allowance (CCA) and RGGI Allowance (RGA) holdings at the end of 2024, while managed money closed out V24 RGA short positions, data released Monday from the US Commodity Futures Trading Commission (CFTC) showed.
Read MoreUS EPA hands out additional pollution waivers to California ahead of administration change
The US EPA on Monday issued final notices for its decision to grant California waivers from federal pollution regulations, allowing the state to enforce stricter emission standards under the Clean Air Act (CAA) before President-elect Donald Trump assumes office later this month.
Read MoreCFTC: Both producers and managed money dilute V25s across WCI, RGGI carbon markets
Producers and managed money narrowed their California Carbon Allowance (CCA) and RGGI Allowance (RGA) net V25 length, even as the groups continued to build their open interest (OI) in the vintage year across both markets, data released Friday from the US Commodity Futures Trading Commission (CFTC) showed.
Read MoreWashington’s CFS won’t incentivise biomethane investments, industry warns
Dairy industry members were dissatisfied with Washington’s proposed revision to its Clean Fuel Standard (WCFS), arguing that the regulator’s considerations for biomethane fell short of incentivising investment.
Read MoreBRIEFING: Non-profits sue California ARB for approving LCFS amendments over environmental concerns
A group of non-profits this week sued California regulator ARB for its recent approval of amendments to the Low Carbon Fuel Standard (LCFS), alleging that the agency overlooked the regulation’s environmental harms.
Read MoreWCI Markets: Battle into year-end drives CCA volatility, WCAs stagnate
A battle for year-end positions in a thinning market heading into Christmas holidays pushed around California Carbon Allowances (CCA) futures through option expiry earlier in the week, while traders mostly expect Washington Carbon Allowances (WCA) to stagnate until the start of 2025.
Read MoreBRIEFING: California watchdog delays annual report draft to align member views
California’s carbon market watchdog postponed its draft 2024 annual report to early January to integrate committee input, as a Wednesday meeting heard divergent views on language related to offsets and carbon management.
Read MoreUS EPA makes case for proper venue in small refinery exemptions lawsuit
The US EPA this month requested the nation’s highest court to transfer a case on small refinery exemptions under the Renewable Fuel Standard (RFS) to the DC Circuit by vacating a ruling from another appeals court.
Read MoreWCI Markets: CCAs skittish with options expiry uncertainty, WCAs claw back from auction stunner
California Carbon Allowances (CCA) options activity on ICE picked up this week ahead of the last expiry for the year, while surprise auction results of the Q4 permit sale defined volatility in Washington Carbon Allowances (WCA).
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