CFTC: Investors boost CCA holdings again ahead of Q1 auction but pull back in RGGI, LCFS
Financial players continued to add to their net length in California Carbon Allowances (CCAs) leading up to the Q1 auction, but reduced their exposure in the RGGI and Low Carbon Fuel Standard (LCFS) markets, according to latest figures from the US Commodity Futures Trading Commission (CFTC) released Friday.
Read MoreWCI Markets: LCFS continues to stir CCA pot post auction
After hours complications from stalled regulatory updates of the Low Carbon Fuel Standard (LCFS) continued to whiplash California Carbon Allowance (CCA) prices into and post the first quarterly permit sale mid-week, while lawmakers introduced amendments to Washington’s ETS, stirring debate on the programme’s emissions targets and impacts on affordability.
Read MorePREVIEW: LCFS kerfuffle could impact sub-$30 clear expected for Q1 WCI auction absent regulatory clarity
Most market participants and analysts polled expect California-Quebec’s first quarterly current vintage carbon allowance sale of 2025 to clear between the programme’s floor and $30, amidst uncertainty regarding the timeline of rulemaking, with after-hours complications from Low Carbon Fuel Standard (LCFS) stalled regulatory updates.
Read MoreWCI Markets: Traders anticipate post auction CCA rebound
California Carbon Allowance (CCA) prices clawed back earlier losses through the week amidst heightened futures and options transaction activity ahead of the first quarterly permit sale next week, while trade in Washington Carbon Allowances (WCA) remained muted.
Read MoreCalifornia district court dismisses youth climate case for good
A US district court on Tuesday dismissed a case against the EPA that claimed the agency’s policies violated constitutional rights by undervaluing the harm caused by climate pollution.
Read MoreRGGI Market: RGAs weak as uncertainty reigns amidst illiquidity, auction anticipation
RGGI allowances (RGAs) slipped in the last week as uncertainty from the Third Program Review continues to plague the market amidst limited liquidity, and market players began to position themselves ahead of next month’s auction, traders said.
Read MoreMajor US nature study cancelled via executive order to bolster the energy industry
A major US-wide nature study has been cancelled amidst the deletion of multiple environmental government sites through a recent executive order (EO) by President Donald Trump aimed at boosting energy production.
Read MoreForest Stewardship Council verifies biodiversity benefits of first US-based project
A carbon removal developer with huge offtake support verified the first US-based afforestation (ARR) project through the Forest Stewardship Council (FSC), it announced Thursday.
Read MoreNorth American Clean Fuels Markets: Federal policy uncertainty looms over programmes
California’s Low Carbon Fuel Standard (LCFS) credit prices moved higher even as the programme’s surplus bank hit a new high in Q3 2024, but market observers remained cautious about the impact of ongoing political turbulence in the US and Canada on clean fuel schemes.
Read MoreAlberta January TIER spot price continues year-long weakening trend despite no new supply
The Alberta Technology Innovation and Emission Reduction (TIER) programme’s spot price fell in the first month of 2025, with no new offsets or EPCs serialised, according to a report published Monday.
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