North 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.
Read MoreRGGI Market: RGAs fluctuate amidst continued programme uncertainty, US-Canada tariff tangle
RGGI allowances (RGAs) fluctuated over the last week as uncertainty continues from not only the stalled programme review, but also the potential of tariffs between the US and Canada, market participants said.
Read MoreARB bi-weekly offset issuance cycle passes without new additions
California issued no new compliance-grade offsets for the second bi-weekly distribution of the year, data published by the state regulator ARB Wednesday showed.
Read MoreCanadian government invests C$13.5 mln in seven Alberta CCUS projects
A federal funding announcement of $13.5 mln will be invested in seven carbon capture, utilisation, and storage (CCUS) projects across Calgary and Edmonton.
Read MoreRGGI Market: RGAs soften amidst continued market uncertainty, lack of liquidity
RGGI allowance (RGA) prices began to soften last week amidst ongoing uncertainty around the Third Program Review and a lack of liquidity and demand, traders said.
Read MoreCFTC: Investors reroute to V26 CCAs on ARB rulemaking hiccups, derisk across US carbon markets
Financial entities moved focus to V26 California Carbon Allowances (CCA), while continuing to derisk across V25 CCAs, RGGI Allowances (RGA), Low Carbon Fuel Standard (LFS), and Washington Carbon Allowance (WCA) holdings as credit prices in the secondary market weakened, latest figures from the US Commodity Futures Trading Commission (CFTC) showed Friday.
Read MoreWCI Markets: CCAs still shaky over ARB’s ‘bungled’ rulemaking
Weakness and volatility extended for a second week in California Carbon Allowances (CCA) in the secondary market in the aftermath of ARB’s ‘bungled’ delay to rulemaking, while traders ratcheted up further dated Washington Carbon Allowance (WCA) purchases.
Read MoreStudy highlights Canada’s seabed sediment as critical carbon sink
A new study published Friday has highlighted the pivotal role of Canada’s seabed sediments as carbon sinks, stressing the urgent need for stronger protections.
Read MoreUS Federal Reserve, four Canadian banks withdraw from net zero banking alliances
The US Federal Reserve (Fed) announced that it will be leaving the Network of Central Banks and Supervisors for Greening the Financial System (NGFS) in the days leading up to President Donald Trump’s return to the White House.
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