SCOTUS halts attempt to revive youth climate case

Published 22:35 on November 13, 2024  /  Last updated at 22:35 on November 13, 2024  / /  Americas, US

The Supreme Court of the US (SCOTUS) this week rejected an effort from youth activists to reopen a lawsuit against the federal government for its alleged failure to address climate change.

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Brazilian oil refiner to produce SAF, RD using industrial hydrotreating technology

Published 20:40 on November 13, 2024  /  Last updated at 20:40 on November 13, 2024  / /  Americas, EMEA, RINs & LCFS, South & Central

An oil refinery based in Rio Grande, Brazil has signed an agreement with a Danish CO2 reduction tech firm to deploy the latter’s hydrotreating technology for the production of sustainable aviation fuel (SAF) and renewable diesel (RD).

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US appeals court upends White House authority to enforce NEPA regulations

Published 00:59 on November 13, 2024  /  Last updated at 03:00 on November 13, 2024  / /  Americas, US

A federal appeals court on Tuesday determined that the White House environmental council lacks authority to enact rules under the National Environmental Policy Act (NEPA), overturning decades of regulatory practice.

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German agtech firm raises $22 mln in Series A funding

Published 20:36 on November 12, 2024  /  Last updated at 20:36 on November 12, 2024  / /  EMEA, Nature-based, Voluntary

A Berlin-based regenerative agriculture firm has closed a $22 million Series A financing, marking the largest such funding round for an agtech start-up in Germany this year, the company said Tuesday.

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US lawmakers propose tax credit extension for second generation biofuels

Published 23:12 on November 11, 2024  /  Last updated at 23:12 on November 11, 2024  / /  Americas, US, Voluntary

A bipartisan trio of US House Representatives on Friday introduced a bill to extend a biofuels tax credit by a year as producers await guidance on a key incentive.

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BRIEFING: ARB members green light California’s LCFS programme amendments

Published 06:14 on November 9, 2024  /  Last updated at 06:14 on November 9, 2024  / and /  Americas, RINs & LCFS, US

Members of California’s ARB approved the Low Carbon Fuel Standard (LCFS) programme changes on Friday after hearing hours of public testimony, followed by several hours of debate, and a failed motion that sought to tighten provisions for avoided methane crediting.

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CFTC: Traders expand V25 CCA exposure over V24s, tread cautiously into WCA repeal vote

Published 00:03 on November 9, 2024  /  Last updated at 00:03 on November 9, 2024  / and /  Americas, Canada, US

Traders continue to build V25 California Carbon Allowance (CCA) open interest (OI), reducing V24 exposure over the last week, while also trimming Washington Carbon Allowance (WCA) net length ahead of a key programme repeal vote, according to data released Friday from the US Commodity Futures Trading Commission (CFTC).

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Canadian materials firm unveils C$23.8 mln for a CO2 capture test project

Published 16:59 on November 8, 2024  /  Last updated at 16:59 on November 8, 2024  / /  Americas, Canada, US, Voluntary

A Canadian materials producer this month announced nearly $23.8 million in investments to test a novel carbon capture technology at one of its paper mills.

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WCI Markets: WCAs cool off post repeal defeat, CCAs gain amidst ARB update wait

Published 00:19 on November 8, 2024  /  Last updated at 00:19 on November 8, 2024  / and /  Americas, Canada, US

Washington Carbon Allowance (WCA) prices cooled off after spiking following the defeat of a referendum to repeal the programme, while California Carbon Allowance (CCA) values rose amidst anticipation of greater regulatory clarity from ARB.

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Washington votes to retain state’s carbon market

Published 07:41 on November 6, 2024  /  Last updated at 20:20 on November 6, 2024  / /  Americas, US

Washington voters appear to have decided to retain the state’s cap-and-trade programme by rejecting a ballot measure that sought to dismantle it, preliminary election results showed.

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