Alberta TIER market credit prices inch up in January amidst oversupply
Spot credit prices under the Alberta Technology Innovation and Emission Reduction (TIER) programme in January ticked up following two months of stagnation, despite an oversupply issue plaguing the market, a report published Thursday said.
Read MoreGerman carbon credit company sees new CEO join
A Munich-headquartered carbon credit company announced Thursday that it has a new CEO, while the former one will now act as the company’s managing director.
Read MoreMassachusetts Q4 regulated emissions at five-year high, 2023 emissions drop YoY
Fourth quarter emissions under the Massachusetts Global Warming Solutions Act (GWSA) reached a five-year high in 2023, although total annual emissions still ended at their lowest levels since 2020, according to data updated this week.
Read MoreRGGI emissions lower YoY in Q4, but not as much as prior quarters
The US Northeast and Mid-Atlantic RGGI power sector cap-and-trade system saw year-over-year (YoY) declines in CO2 emissions in Q4 decelerate drastically compared to previous quarters in 2023, programme data showed Wednesday.
Read MoreCanadian carbon credit company signs MoU with algae, seaweed sequestration provider
A Saskatchewan-based carbon credit origination and streaming company announced Wednesday the signing of a Memorandum of Understanding (MoU) with a company specialising in biosynthetic algae and seaweed carbon sequestration services for the generation of credits from the enhancement of agricultural soil.
Read MoreOntario invests over C$9 mln into 14 forest biomass projects
The Canadian province of Ontario announced Tuesday that it will pour C$9.4 mln ($7 mln) into 14 projects for research, innovation, and modernisation initiatives around the use of forest biomass, although one expert has criticised the programme for threatening local forest carbon stocks.
Read MoreUS National Science Foundation awards up to $1.6 bln for energy, climate innovation
The US National Science Foundation (NSF) on Monday awarded 10 projects up to $1.6 billion in funding over the next decade, one of the single largest investments in region-based research and development in the nation’s history, in an effort to promote economic competitiveness through innovation in energy and climate.
Read MoreNew Jersey senators introduce state clean fuel standard legislation
A pair of New Jersey Democratic senators introduced Monday clean fuel standard legislation, in what would be the first such state programme on the US eastern seaboard if implemented.
Read MoreRGGI Market: RGAs rally to new records, CCR replay expected at Q1 auction
RGGI allowances (RGAs) reached all-time highs over the week on the highest volumes so far this year, as market participants mostly expect the Cost Containment Reserve (CCR) to be triggered at the Q1 auction similar to the last quarterly sale.
Read MoreNew York officials detail preliminary analysis of impacts from statewide cap-and-invest
Officials from two New York agencies outlined in a webinar Friday a preliminary analysis of potential market effects and wider impacts of the state’s future cap-and-invest programme under different modeled price-ceiling scenarios, finding that all substantially reduce emissions, but obligating electricity could result in leakage and higher costs.
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