WCI 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).
Read MoreUS EPA reports $78 bln of IRA, BIL funding appropriated since 2022
The US EPA provided the financial status Monday of more than 70 programmes funded by about $78 billion from the Bipartisan Infrastructure Law (BIL) and the Inflation Reduction Act (IRA).
Read MoreSCOTUS declines review of Hawaii supreme court decision in oil and gas lawsuits
The US Supreme Court declined two oil and gas companies’ requests for the country’s highest court to review a Hawaii Supreme Court decision that allowed lawsuits seeking alleged climate-related damages to proceed.
Read MoreNew Mexico’s clean transportation fuel programme expected to begin in Q4
New Mexico state officials are expected to wrap up rulemaking on the state’s new Clean Transportation Fuel Standard (CTFS) and kick off the programme’s first compliance period in Q4 2025, state officials said Thursday.
Read MoreUS Forest Service ends rulemaking on old-growth forest preservation
The US Forest Service has withdrawn a proposal that was designed to help safeguard old-growth forests and conserve their carbon sink capacity, drawing cheers from some Republican members of Congress preferring local management of resources.
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