WCI Markets: CCA prices cool off post ARB notice spike, WCAs quiet ahead of repeal vote
California Carbon Allowance (CCA) futures prices tailed off Thursday as initial market excitement over ARB’s regulatory notice published earlier in the week eased, while the Washington Carbon Allowances (WCA) activity remained muted despite some positive polling for the programme ahead of November’s repeal vote.
Read MoreExperts forecast ‘convergence’ between VCM and government regulation
The voluntary carbon market (VCM) will continue attracting adjacent government regulations related to credit transparency and trading behaviour without fully regulating the market, offset experts said during a Wednesday webinar.
Read MoreRGGI Market: RGAs briefly reverse slide in thin trade
RGGI Allowance (RGA) prices in the secondary market briefly caught a headwind over the past week to reverse a sell-off since the market administrator released programme updates.
Read MoreHawaii Supreme Court ruling shields insurer from paying out climate damages
A major US insurance company notched a win in a Hawaii Supreme Court ruling that found a policy issued to an oil and gas company does not cover damages from greenhouse gas (GHG) emissions.
Read MoreUS EPA reports 2023 emissions from stationary sources down 4% YoY
The US Environmental Protection Agency (EPA) released 2023 greenhouse gas (GHG) data Tuesday showing that direct emissions from large stationary sources were down 4% year-on-year (YoY).
Read MoreNew Citibank-backed clean energy marketplace to launch in Q1 2025
A US energy software and service company is launching a digital marketplace in which energy traders and investors can exchange clean energy commodities with improved transparency measures, according to a Tuesday announcement.
Read MoreActivating investment in Chilean carbon projects will require ‘signals of clarity,’ IETA rep says
Chilean climate policies must send clear signals of stability in order to unleash additional investments and unlock the country’s potential for nature-based projects, an IETA representative said Wednesday.
Read MoreClimate finance drives Chile’s FDI to levels not seen in years, economy minister says
Chile is leading Latin America in per capita foreign direct investments (FDI) thanks to how attractive the nation has become as a climate finance destination, the country’s economy minister said Wednesday.
Read MoreLATAM Airlines supporting carbon, biodiversity projects while in search of SAF -panel
LATAM Airlines is looking to support carbon and biodiversity projects in Latin America as it strives to meet its sustainability goals without any regional sustainable aviation fuel (SAF) at its immediate disposal, the airline’s sustainability manager said Wednesday.
Read MoreUK miner developing blue carbon methodologies in Chile
A UK-based mining company said Tuesday that it is developing new methodologies for blue carbon projects that aim to increase the carbon sink capacity of Chilean coastlines.
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