INTERVIEW: Bridging gap between Canadian CFR adoption and funding void
Canada’s Clean Fuel Regulations (CFR) design and lack of funding present major challenges for logistics companies aiming to transition their fleets to low-carbon alternatives.
Read MoreBipartisan US lawmakers propose renewable fuel bill for ocean vessels
A bipartisan bill that would allow companies to generate and retain Renewable Identification Number (RIN) credits for biofuels used in marine shipping was introduced in Congress Thursday.
Read MoreCanada opens investigation into US renewable diesel imports
The Canada Border Services Agency (CBSA) has initiated an investigation into the dumping and subsidising of renewable diesel (RD) imported from the US, it announced this week.
Read MoreWCI Markets: CCAs rally in anticipation of regulatory updates, WCA activity subsides into Q1 sale
California Carbon Allowance (CCA) prices continued to rise as market participants hope for announcements on programme updates in the coming weeks, while Washington Carbon Allowance (WCA) values increased on lower volumes heading into the first quarterly auction on Wednesday.
Read MoreNorth American Clean Fuels Markets: Regulatory roadblock pushes LCFS credit prices below $60
California’s Low Carbon Fuel Standard (LCFS) credit prices slid below $60 for the first time this year as uncertainty surrounding the implementation timeline of programme updates continued to weigh on market sentiment, while Canada considered retaliatory tariffs on US biodiesel imports.
Read MorePREVIEW: Potential programme tweaks weigh on Washington’s Q1 auction expectations
Washington’s first quarterly auction for 2025 is largely expected to settle at a discount to secondary market levels, dodging a reserve sale despite fundamentals signalling the need for additional permit supply, as recent policy developments cloud programme outlook.
Read MoreBC LCFS adopts ‘made in Canada’ eligibility criteria
British Columbia’s Ministry of Energy and Climate Solutions announced changes to its Low Carbon Fuels Standard (BC LCFS) on Thursday mandating renewable-fuel requirements to be met with fuels produced in Canada.
Read MoreUS RNG industry pushes for more robust federal tax incentives
Tax incentives for clean fuels and hydrogen production in the US do not adequately support Renewable Natural Gas (RNG) growth, according to an industry expert.
Read MoreAlberta addresses issue of “zero-emitting” facilities
Alberta’s environment ministry discussed the incidence of “zero-emitting” facilities under its programme to address industrial GHG emissions, among a suite of other updates in an annual stakeholder workshop Friday.
Read MoreWCI Markets: ETS extension optimism fuels CCAs higher, WCA programme tweaks spur a rally
Optimism from the start of discussions to extend cap-and-trade post 2030 supported California Carbon Allowance (CCA) prices higher after a sub-$30 auction result mid-week, while Washington Carbon Allowances (WCAs) reversed higher as lawmakers deliberated programme modifications.
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