US hemp-focused carbon credit platform closes, CEO says

Published 17:47 on November 30, 2023  /  Last updated at 17:47 on November 30, 2023  / /  Americas, Bavardage, US, Voluntary

A Denver-headquartered carbon credit exchange company will close due to a failure to secure funding, its CEO announced in a LinkedIn post this week.

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WCI Q4 carbon allowance auction clears at record high

Published 20:51 on November 22, 2023  /  Last updated at 19:17 on November 23, 2023  / /  Americas, Canada, US

The November California-Quebec current vintage carbon auction settled at an all-time peak, even surpassing secondary market prices, while the advance sale clearing price also achieved a new high, according to government data published Wednesday.

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California’s power emissions increase in October, YoY decline slows down

Published 18:33 on November 21, 2023  /  Last updated at 20:49 on November 21, 2023  / /  Americas, Canada, US

California electricity sector CO2 emissions continued to decrease from the previous year’s levels in October, but at a more moderate pace than in recent months, as shares of natural gas CO2 output skyrocketed and renewables fell back, data published Monday showed.

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US charity calls for project proposals on forest and community revitalisation

Published 23:04 on November 20, 2023  /  Last updated at 23:28 on November 20, 2023  / /  Americas, Nature-based, US, Voluntary

A South Carolina-based philanthropic endowment announced a request for proposals (RFP) on Monday as part of its new Impact Investing Program that seeks to deploy $5 million by 2024 to advance sustainable transformation of forests and forest-reliant communities.

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California gasoline sales rise at slower pace in August, while diesel’s decline decelerates

Published 21:37 on November 20, 2023  /  Last updated at 07:48 on November 21, 2023  / /  Americas, RINs & LCFS, US

California gasoline sales and emissions increased only slightly in August compared to the previous year, while diesel consumption and greenhouse gas output lagged 2022 levels by the smallest margins seen so far this year, according to state data published Monday.

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Brazilian state signs $3 million agricultural carbon credit agreement with major bank

Published 17:22 on November 20, 2023  /  Last updated at 18:27 on November 20, 2023  / /  Americas, Nature-based, South & Central, Voluntary

The Brazilian state of Roraima has signed a letter of intent (LOI) with a large Brazilian bank to facilitate $3 million in carbon credit funding for farmers who invest in sustainable agriculture. 

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Emitters, speculators once again favour different CCA vintages, while both drop RGAs, WCAs

Published 23:37 on November 17, 2023  /  Last updated at 00:17 on November 18, 2023  / /  Americas, Canada, US

Compliance entities preferred current year vintage California Carbon Allowances (CCAs), while financial players opted for next year’s CCA vintage, and both groups shed RGGI Allowances (RGAs) and Washington Carbon Allowances (WCAs), US Commodity Futures Trading Commission (CFTC) data showed Monday.

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WCI Markets: CCAs, WCAs both ride to higher level prices on thinner volumes

Published 00:23 on November 17, 2023  /  Last updated at 15:33 on November 17, 2023  / /  Americas, Canada, US

California Carbon Allowances (CCAs) and Washington Carbon Allowances (WCAs) both saw rising prices even as volumes traded fell over the week, with market participants largely agreeing that CCAs would remain at a premium after the ARB cap-and-trade informal rulemaking public workshop slidedeck was posted on Wednesday, but were split on the fate of WCAs.

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PREVIEW: ARB’s imminent cap-and-trade public workshop information looms over WCI Q4 auction

Published 22:55 on November 14, 2023  /  Last updated at 22:55 on November 14, 2023  / /  Americas, Canada, US

With a slidedeck for the California regulator’s cap-and-trade programme public workshop set to release half an hour after the upcoming fourth quarter carbon allowance sale, WCI market participants deliberated on whether the ARB’s release would affect bids at Wednesday’s auction.

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Oregon Department of Environmental Quality releases proposed rulemaking for climate programmes

Published 23:53 on November 13, 2023  /  Last updated at 22:06 on November 16, 2023  / /  Americas, RINs & LCFS, US

The Oregon Department of Environmental Quality (DEQ) released on Monday a set of proposed clarifications and modifications to a suite of climate programmes.

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