RGGI Market: RGAs break record on continued compliance demand
RGGI Allowances (RGAs) broke their all-time high settlement twice over the past week but on light volumes, with traders largely attributing market strength to ongoing compliance demand.
Read MoreUS appeals court dismisses request to pause EPA power plant rule
A US federal appeals court on Friday rejected another request for a temporary pause on controversial Environmental Protection Agency (EPA) power plant standards as they are being challenged on merit.
Read MoreImproved planning needed for New York to reach clean energy goals -state audit
State agencies need to improve their planning practices if New York is to reach its statutory clean energy goals, according to an audit released Wednesday by the state comptroller that provides a series of recommendations to do so.
Read MoreCanadian companies join forces to reduce methanol emissions via CCUS
A Vancouver-based global methanol producer and a Calgary-headquartered carbon capture, utilisation, and storage (CCUS) project developer have announced a partnership to study reducing as much as 400 tonnes of CO2 per day from industrial production.
Read MoreClean fuels trade group notifies US EPA of intent to sue over RFS rulemaking delay
A clean fuels trade group said Wednesday that it has sent the US Environmental Protection Agency (EPA) a notice of the organisation’s intent to sue over the agency’s failure to issue timely 2026 volumes under the Renewable Fuels Standard (RFS).
Read MoreUS algae-based CDR firm announces Series B funding worth tens of millions of dollars
A Florida-headquartered algae-based carbon removals (CDR) project developer on Wednesday announced the completion of a Series B2 funding round valued in the tens of millions of dollars.
Read MorePuerto Rico files $1 billion lawsuit against oil majors for effects of climate change
Puerto Rico filed a lawsuit Monday against multiple international oil majors seeking $1 billion in damages for the effects of greenhouse gas emissions from their products, joining a litany of similar lawsuits seeking to hold fossil fuel firms financially accountable for the impacts of climate change.
Read MoreRGGI Market: Prices return to record range amidst low volumes, strong power demand
RGGI allowance (RGA) values jumped over the past week on the back of strong power demand and high summer temperatures, as the futures market witnessed roughly four-month low volumes amidst the ongoing wait for programme review developments.
Read MorePennsylvania Senate passes CCS legislation, sending bill to governor’s desk
The Pennsylvania Senate passed on Thursday a bill establishing a regulatory framework around carbon capture and storage (CCS), which now sits on Governor Josh Shapiro’s (D) desk for possible approval.
Read MoreSmaller refiners file complaints against US EPA, alleging lack of action on 2023 RFS waiver applications
A trio of US refiners filed complaints in federal courts last week against the Environmental Protection Agency (EPA), claiming the agency has failed to act on their applications for small refinery waivers under the Renewable Fuel Standard (RFS).
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