US EPA asks SCOTUS to reject states’ efforts to halt methane rules

Published 23:47 on September 24, 2024  /  Last updated at 23:55 on September 24, 2024  / /  Americas, US

The US Environmental Protection Agency (EPA) has requested the country’s Supreme Court (SCOTUS) to deny stay applications filed by Republican-backed states against the agency’s rules to limit methane output from the oil and gas sector.

Read More

Quebec pension fund launches investment platform with recently acquired US timberland firm

Published 01:23 on September 24, 2024  /  Last updated at 01:23 on September 24, 2024  / /  Americas, Canada, Nature-based, US, Voluntary

Quebec’s pension fund on Monday unveiled a new investment platform alongside a US-based landscape investment manager after acquiring a minority stake in the firm.

Read More

US CO2 conversion firm raises $645 mln for SAF plants

Published 22:54 on September 23, 2024  /  Last updated at 22:54 on September 23, 2024  / /  Americas, RINs & LCFS, US

A US-based CO2 utilisation firm has raised $645 million to finance the development of its sustainable aviation fuel (SAF) plants.

Read More

Clean fuel credit price volatility not on the radar for Oregon, Washington regulators

Published 08:57 on September 18, 2024  /  Last updated at 08:57 on September 18, 2024  / and /  Americas, RINs & LCFS, US

Volatility in clean fuel credit prices this year is a reflection of client demand for credits and not a factor considered in ongoing rulemaking, the regulators of the US clean fuels programmes in Oregon and Washington told a conference on Tuesday.

Read More

ARB confirms second 15-day package for proposed LCFS rules

Published 22:43 on September 17, 2024  /  Last updated at 22:57 on September 17, 2024  / /  Americas, RINs & LCFS, US

California regulator ARB will release a second 15-day notice regarding proposed changes to the state’s Low Carbon Fuel Standard (LCFS), an agency official confirmed at a conference Tuesday.

Read More

Additional efforts needed to counter weak credit prices across US clean fuel programmes -panel

Published 15:22 on September 17, 2024  /  Last updated at 15:22 on September 17, 2024  / /  Americas, RINs & LCFS, US

US states that have implemented clean fuel standards (CFS) must follow California’s footsteps and increase ambition to address the ongoing credit oversupply across these markets, panellists at a conference said Monday.

Read More

Stakeholders flood ARB with LCFS 15-day notice feedback, warn of potential litigation

Published 21:12 on September 16, 2024  /  Last updated at 21:12 on September 16, 2024  / and /  Americas, RINs & LCFS, US

California ARB’s 15-day notice to stakeholders of revisions to the Low Carbon Fuels Standard (LCFS) rule that upended earlier drafts has roiled stakeholders – particularly over new biomass-based diesel limitations – with some entities warning of potential litigation due to insufficient time for feedback on significant changes to the rule, in comments submitted to the regulator at the end of August.

Read More

California LCFS takes the spotlight during contentious environmental justice meeting

Published 07:10 on September 13, 2024  /  Last updated at 07:10 on September 13, 2024  / and /  Americas, Canada, RINs & LCFS, US

Discussions surrounding California’s cap-and-trade programme took a backseat as a joint meeting Thursday between regulator ARB and the Environmental Justice Advisory Committee (EJAC) focused largely on shortfalls in proposed changes to the state’s Low Carbon Fuel Standard (LCFS).

Read More

Second lowest clearance ever at Washington’s Q3 allowance sale

Published 21:27 on September 11, 2024  /  Last updated at 02:38 on September 12, 2024  / and /  Americas, US

Washington’s Q3 current vintage auction settled nearly $3 below front-month futures prices in the secondary market the day prior to the sale, with buyers recoiling from the uncertainty surrounding the future of the state’s carbon market.

Read More

South Carolina AG sides with oil industry in climate-related lawsuit

Published 22:00 on September 10, 2024  /  Last updated at 22:00 on September 10, 2024  / /  Americas, US

South Carolina’s Attorney General (AG) has backed oil and gas firms in a lawsuit brought by a city that seeks compensation from fossil fuel companies for the impacts of their alleged climate deception and environmental negligence.

Read More