RGGI Market: RGAs slump 15% as compliance demand recedes
RGGI Allowance (RGA) prices plummeted nearly 15% over the past week as strong compliance demand through the summer begins to dry up heading into ‘shoulder’ season.
Read MoreCFTC: Financials stick with V25 CCA thesis, RGGI slides into shoulder season
Financial entities continued to bolster V25 California Carbon Allowance (CCA) holdings, reducing exposure to V24s over the week, while traders tempered RGGI net length as shoulder season weakness set in, according to data from the US Commodity Futures Trading Commission (CFTC).
Read MoreEPA issues violation notice to Illinois CO2 injection operation due to leak
The US Environmental Protection Agency (EPA) has notified a large-scale carbon injection project in Illinois it has violated its operating permit following a CO2 leak that occurred in 2023, according to documents shared with Carbon Pulse.
Read MoreUS renewable fuels producer purchases ethanol plant, CCS facility for $210 mln
A US-based renewable fuels producer said Thursday that it has completed a $210 million acquisition of an ethanol plant in North Dakota that will be used to produce sustainable aviation fuel (SAF).
Read MoreResearch groups to support four research projects to advance ocean-based CO2 removal
Two research programmes focusing on maritime CO2 removal (mCDR) announced Thursday the selection of four research projects aiming to advance technologies for ocean-based carbon removal.
Read MoreYucatan releases guidelines for nature-based carbon project developers
Mexico’s Yucatan released guidelines Wednesday detailing best practices for developing voluntary carbon market (VCM) projects within the state, placing a heavy emphasis on ensuring that local communities and ejidos are the primary beneficiaries of nature-based projects.
Read MoreAlberta invests C$2.8 mln to design waste-to-energy with CCS prototype
Alberta is investing C$2.8 million ($2.1 mln) to help design a municipal waste-to-energy facility with a carbon capture addition, the provincial government announced Tuesday.
Read MoreCoca-Cola, Bayer plow $1 mln into LATAM climate fund
Coca-Cola and the Bayer Foundation are backing a new climate fund with a total $1 million investment that aims to invest in 350 projects across Latin America and the Caribbean.
Read MoreCanadian investment firm makes first SAF plunge with $1.1 bln backing
A major Canadian investment company announced its first foray into sustainable aviation fuels Tuesday with a $1.1 billion investment in a Californian low-carbon electrofuels (efuels) developer.
Read MoreGlobal chemical company completes fourth divestiture in sale of methanol business
A European-headquartered chemical company on Monday announced a $2.1 billion deal to sell its methanol subsidiary, completing its fourth divestment in the last 10 months.
Read More