California utilities regulator publishes recommendations for lowering power costs via WCI funds
The California Public Utilities Commission (CPUC) published Tuesday suggestions for lowering power costs by adjusting the distribution of credits funded through the state’s ETS to certain residents and businesses.
Read MoreColorado agrees to carbon credit lease with global reforestation firm
Colorado and a Netherlands-based global reforestation firm announced Wednesday a lease agreement to reforest wildfire-impacted state land, aiming to generate carbon credits under a public-private partnership approach.
Read MoreParaguay unveils regulation of carbon market law
Paraguayan ministries unveiled Tuesday a decree regulating a national carbon market law they expect to spur investment in the country.
Read MoreUS renewable fuels industry supports reciprocal tariffs to combat over 90% drop in ethanol exports to Brazil
A renewable fuels industry group voiced support last week for President Donald Trump’s reciprocal tariffs on Brazilian ethanol as US exports to the South American country have plunged over 90% since 2018 faced with a high barrier to entry.
Read MoreRGGI Market: Compliance demand drives up RGAs amidst cold front
RGGI allowance (RGA) prices rose around 2% last week amidst a cold weather front in the US Northeast and Mid-Atlantic region, while ongoing rulemaking uncertainty clouds outlook, market participants said.
Read MoreBrazilian state advances agroforestry carbon credit programme
The first trees have been planted as part of a Brazilian state-run agroforestry carbon credit programme geared towards family farmers, it announced Friday.
Read MoreCAR poaches next president from Verra senior leadership
Voluntary carbon market (VCM) standard Climate Action Reserve (CAR) announced Friday the selection of its next president – a market veteran currently serving as senior leadership at competitor Verra.
Read MoreWest Virginia lawmaker reintroduces bill to tax, regulate carbon credit agreements
A Republican senator in West Virginia reintroduced legislation Wednesday to impose taxation, duration limits, and registration requirements on carbon credit agreements in the state.
Read MoreUS shale producer sold $95 mln in carbon credits, environmental assets in 2024 -filing
A Pennsylvania-headquartered shale company sold $95 million worth of carbon credits and other environmental assets in 2024, according to fiscal year filings posted Tuesday.
Read MoreMillions in forest conversion offsets propel ARB issuance to record, few provide benefits to California
California regulator ARB granted 3.6 million California Carbon Offsets (CCOs) to an avoided conversion forest project, which took their bi-weekly issuance to all-time highs, but only a small percentage were tagged with direct environmental benefits (DEBs) to the state, data published Wednesday showed.
Read More