Quebec working to finalise new anaerobic digester offset protocol

Published 21:36 on August 17, 2021  /  Last updated at 22:22 on August 17, 2021  / /  Americas, Canada, US

Quebec’s environment ministry (MELCC) is working to develop a draft later this year to expand the agency’s existing livestock protocol, with the announcement coming amid a flurry of activity from the Canadian province on new and proposed compliance offset methodologies.

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California outlines initial scenarios that may exceed 2030 GHG goal

Published 17:02 on August 17, 2021  /  Last updated at 11:45 on August 18, 2021  / /  Americas, Canada, RINs & LCFS, US

California regulator ARB asked for stakeholder feedback on Tuesday about whether to set a more ambitious 2030 carbon abatement goal during the 2022 Scoping Plan process, while also contemplating other mechanisms to drive emissions reductions in the Golden State.

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Green groups issue strong rebuke to Pennsylvanian GOP opposition to RGGI

Published 23:05 on August 16, 2021  /  Last updated at 23:05 on August 16, 2021  / /  Americas, US

Pennsylvania environmental groups pushed back on Monday against Republican legislators and industry groups’ opposition to the state joining the RGGI programme in 2022, saying the state Independent Regulatory Review Commission (IRRC) has solid legal authority to approve the final power sector cap-and-trade regulation.

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WCI speculators add, regulated entities cut length ahead of Q3 auction

Published 21:48 on August 13, 2021  /  Last updated at 22:09 on August 13, 2021  / /  Americas, Canada, US

WCI financial firms increased their California Carbon Allowance (CCA) cumulative position this week ahead of next week’s auction, while emitters cut their position on futures contracts further out on the curve, according to federal data released Friday.

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US environmental trader to lead carbon team at investment fund

Published 16:39 on August 13, 2021  /  Last updated at 16:51 on August 13, 2021  / /  Americas, Bavardage, Canada, US

An experienced US-based environmental trader is to join an energy trading and investment fund to focus on carbon markets, Carbon Pulse has learned.

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UPDATE – US Carbon Pricing and LCFS Roundup for week ending Aug. 13, 2021

Published 14:30 on August 13, 2021  /  Last updated at 17:37 on September 17, 2021  / /  Americas, Carbon Taxes, US

A summary of legislative and regulatory action on carbon pricing, clean fuel standards, and clean energy at the US subnational and federal level this week, including developments in New York, New Jersey, and California.

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NA Markets: CCA prices climb before Q3 sale, RGGI sets new all-time high

Published 22:57 on August 12, 2021  /  Last updated at 22:57 on August 12, 2021  / /  Americas, Canada, US

California Carbon Allowance (CCA) prices increased ahead of next week’s quarterly auction with speculative demand fuelling those gains, while RGGI Allowances (RGA) hit fresh all-time highs this week on elevated buying interest.

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WCI floor price expectations narrow for 2021 as US inflation stagnates

Published 14:04 on August 11, 2021  /  Last updated at 14:04 on August 11, 2021  / /  Americas, Canada, US

Next year’s California’s WCI-linked cap-and-trade floor price expectations narrowed in July as inflation tempered after seeing significant year-on-year gains in prior months.

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California offset discounts sitting at historic highs as compliance deadline nears

Published 21:34 on August 10, 2021  /  Last updated at 22:36 on August 10, 2021  / /  Americas, Canada, US

California Carbon Offset (CCO) discounts are remaining close to historic highs despite a flood of speculators in the California Carbon Allowance (CCA) market this year, with participants saying credits are decoupling from permit values due to diverging buying interest.

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Environmental trader takes new role at US-based investment bank

Published 18:00 on August 10, 2021  /  Last updated at 22:42 on August 10, 2021  / /  Americas, Bavardage, Canada, US

A Houston-based environmental trader has joined a US-headquartered bank to lead their environmental desk, as more financial firms look to expand into the compliance and voluntary carbon markets, Carbon Pulse has learned.

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