US DOE delivers initial $39 mln funding to final two hydrogen hubs
In the waning days of the outgoing Biden administration, the US DOE announced that it had distributed $39 million in early-stage funding to the final two proposals selected as part of the department’s hydrogen hub programme.
Read MoreUS report identifies likeliest regions to discover geologic hydrogen
A federal report released last week found that there is a high probability that naturally-occurring geologic hydrogen could be found in certain regions of the US, creating more potential for the clean fuel to decarbonise various sectors.
Read MoreCFTC: Investors trim exposure in CCAs, RGGI, LCFS markets
Financial entities reduced net length in V25 California Carbon Allowances (CCA), RGGI Allowances (RGA), and Low Carbon Fuel Standard (LFS) futures and options as volatility spiked in the secondary market, according to data from the US Commodity Futures Trading Commission (CFTC) on Friday, which also revealed a bearish picture for the group’s Washington Carbon Allowance (WCA) vintage 2025 holdings for the first time.
Read MoreUS DOE awards $1.7 bln to green hydrogen producer
The US DOE awarded a $1.7 billion loan guarantee to a New York-based green hydrogen company close to one year after the company suffered from cashflow issues that nearly sent it into bankruptcy.
Read MoreWCI Markets: Aftershocks of ETS rulemaking delay keep CCA volatility high
Another delay to highly anticipated cap-and-trade rulemaking jolted California Carbon Allowances (CCA) prices in the secondary market briefly to near three-year lows on Tuesday, with volatility driving up option prices.
Read MoreEnvironmental group drops lawsuit over $1 bln DOE loan to California nuclear plant
An environmental group suing the US DOE over a $1 billion loan to a nuclear plant voluntarily dropped the case Wednesday, saying that recent legislation by the state of California rendered the case moot.
Read MoreCDR purchase programmes must grow comfortable with inherent risks -webinar
A CO2 removal (CDR) lead at a US tech companies shed light Tuesday on how the company makes its carbon credit purchasing decisions, saying that the best way to nurture early-stage removal pathways is to understand and become comfortable with certain levels of risk.
Read MoreNew York’s ETS draft rules to be released “over the coming months”
New York Governor Kathy Hochul’s (D) 2025 State of the State report released Tuesday shed little light on when officials are expected to release full draft rules on the highly anticipated cap-and-invest programme that was expected to arrive last year.
Read MoreForest management group launches data platform ahead of first US carbon auction
A US programme for improved forest management carbon projects has launched a platform through which carbon credit buyers can access data on carbon credits that will be offered during its first upcoming carbon auction.
Read MoreCFTC: Specs trim carbon risk amid early year macro weakness
Producers added length while speculators took a step back from California Carbon Allowance (CCA), RGGI Allowance (RGA) holdings, while both groups made significant reductions to their Low Carbon Fuel Standard (LCFS) net length into start of year macro market weakness, according to delayed data released Monday from the US Commodity Futures Trading Commission (CFTC).
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