Dan McGraw « Carbon Pulse

Articles by: Dan McGraw

California gasoline consumption hits 14-month high in April as demand nears pre-COVID levels

Published 18:41 on June 21, 2021 / Last updated at 18:41 on June 21, 2021 / Dan McGraw / Americas, Canada, US

California fuel usage continued to edge back towards pre-pandemic levels in April, as monthly gasoline demand rose to its highest in 14 months, according to US Energy Information Administration (EIA) data released Monday.

WCI auction volume edges down slightly for August sale, with further reductions expected for Q4

Published 20:11 on June 18, 2021 / Last updated at 20:37 on June 18, 2021 / Dan McGraw / Americas, Canada, US

The Q3 California-Quebec auction will include slightly fewer allowances than the May quarterly sale, while the final WCI auction of 2021 is slated to see a more significant reduction, according to an auction notice published Friday afternoon.

Dominion seeks approval of RGGI rate case by July amid calls for further analysis

Published 22:57 on June 17, 2021 / Last updated at 22:57 on June 17, 2021 / Dan McGraw / Americas, US

Dominion Energy has asked the Virginia State Corporation Commission (SCC) to approve its RGGI rate request next month, while an environmental group continued to advocate for more long-term analysis of carbon market compliance options despite the utility’s pushback.

NA Markets: CCAs flirt with $22 before edging down, as RGGI rises on thin activity

Published 22:43 on June 17, 2021 / Last updated at 22:43 on June 17, 2021 / Dan McGraw / Americas, Canada, US

California Carbon Allowance (CCA) prices set a new all-time high this week before retracing slightly on lower activity, while RGGI permits inched up on thin trading volumes despite few near-term drivers.

California offset prices hit historic discounts as CCAs surge

Published 23:02 on June 16, 2021 / Last updated at 23:02 on June 16, 2021 / Dan McGraw / Americas, Canada, US

California Carbon Offset (CCO) discounts are widening as California Carbon Allowance (CCA) prices spike amid a flurry of speculative interest, with some traders observing limited demand for credits.

NA Markets: CCA prices spike to another all-time high on thin sell-side volume

Published 22:58 on June 15, 2021 / Last updated at 23:12 on June 15, 2021 / Dan McGraw / Americas, Canada, US

California Carbon Allowance (CCA) prices surged on the secondary market for a second consecutive day on Tuesday, with the benchmark contract edging close to the $22 level.

Massachusetts GWSA carbon auction settlement rebounds 20% even as bidding declines

Published 21:28 on June 15, 2021 / Last updated at 23:22 on June 15, 2021 / Dan McGraw / Americas, US

The auction clearing price in Massachusetts’ Global Warming Solutions Act (GWSA) cap-and-trade programme rebounded significantly at the June sale after hitting all-time lows earlier this year, though demand tapered off at the third quarterly auction, according to results released Tuesday.