Offshore CCS hubs risk hundreds of billions in US taxpayer exposure -analysis
Gulf Coast carbon capture and storage (CCS) hubs could leave US taxpayers paying for hundreds of billions in federal subsidies while deploying technology untested at the scale proposed, a new analysis said.
Read MoreIntegrity of most BiCRS protocols fall short -study
A new study found just 28% of biomass carbon removal and storage (BiCRS) protocols assessed had a satisfactory integrity grade, as authors warned the emerging sector must learn from the challenges that have affected forestry credits.
Read MoreWashington cap-and-invest accounts edge over 200 in Q1 as holdings drop
The number of participants in Washington’s cap-and-invest programme edged up in Q1 to surpass the 200 mark, while compliance instrument holdings decreased during the quarter, according to a report published Wednesday.
Read MoreClimate groups urge Carney to boost industrial carbon price before Alberta MoU deadline
Eight environment and climate NGOs have urged Canadian Prime Minister Mark Carney to strengthen the country’s industrial carbon pricing framework before the federal government’s Apr. 1 deadline to finalise a federal-provincial memorandum of understanding (MOU) with Alberta.
Read MoreRGGI Market: RGAs extend gains following post-Q1 auction jump
RGGI Allowance (RGA) prices continued to climb on Monday, after prices skyrocketed last week following stronger-than-expected Q1 auction results, as traders were split on how prices would move in the new post-sale landscape.
Read MoreCalifornia open to potential changes on cap-and-invest proposal ahead of May vote -media
The head of California’s regulator ARB said the agency has built in enough time to make any potential necessary changes to the state’s proposed cap-and-invest programme update before a board vote planned in May, she told a local media outlet in a Sunday interview.
Read MoreCFTC: Financial players reduce net CCA, RGA length
Managed money reduced net length in the California Carbon Allowance (CCA) and RGGI Allowance (RGA) markets over the Mar 4-10 period, according to US Commodity Futures Trading Commission (CFTC) data published Friday.
Read MoreFutures skyrocket after Q1 RGGI auction sells out near $25, CCR depleted again
RGGI Allowance (RGA) futures jumped more than 10% on Friday following the release of Q1 auction results that showed a sell-out just below $25, a strong premium to front-month prices ahead of the sale, as the Cost Containment Reserve (CCR) was again depleted at the first sale of the year.
Read MoreWCI Markets: CCAs fall below $29, WCAs drop after Q1 auction
California Carbon Allowance (CCA) futures benchmark contract fell below $29 on Thursday after a federal challenge was launched against California’s electric vehicle policy, while Washington Carbon Allowances (WCAs) dropped further following weaker-than-expected Q1 auction results.
Read MoreWashington Q1 auction sells out at APCR trigger
The Q1 Washington carbon auction sold out right at the 2026 Allowance Price Containment Reserve (APCR) trigger level, nearly $9 below secondary market prices ahead of the sale.
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