California diesel consumption increases YoY in July, gasoline continues to decline
California diesel consumption reversed course, increasing year-on-year in July, as gasoline continued its steady YoY decline, state data published Monday showed.
Read MorePublic prosecutors demand transparency, local stakeholders consultation in Brazil’s Para $180 mln J-REDD deal
Brazilian public prosecutors sent a letter last week to the environmental secretariat of Para, demanding transparency in information and public consultation with local stakeholders in the state’s $180-million jurisdictional REDD+ (J-REDD) deal announced last month.
Read MoreCFTC: Financials reduce net length across the board, producers build RGGI and WCA holdings
Financial players cut their holdings across the board of North American carbon in the most recent report from the US Commodity Futures Trading Commission (CFTC), while emitters also reduced their exposure to California Carbon Allowances (CCAs) but built net length in RGGI allowances (RGAs) and Washington Carbon Allowances (WCAs).
Read MoreWCI Markets: CCA prices cool off post ARB notice spike, WCAs quiet ahead of repeal vote
California Carbon Allowance (CCA) futures prices tailed off Thursday as initial market excitement over ARB’s regulatory notice published earlier in the week eased, while the Washington Carbon Allowances (WCA) activity remained muted despite some positive polling for the programme ahead of November’s repeal vote.
Read MoreUS conservation groups sue to stop TVA natural gas plant replacing retiring coal
A group of conservation organisations have filed a suit against the Tennessee Valley Authority (TVA), asking a federal court to halt efforts by the nation’s largest public utility to replace a retiring coal installation with a natural gas-fired power plant.
Read MoreHawaii Supreme Court ruling shields insurer from paying out climate damages
A major US insurance company notched a win in a Hawaii Supreme Court ruling that found a policy issued to an oil and gas company does not cover damages from greenhouse gas (GHG) emissions.
Read MoreQuebec emissions decline YoY in 2023, but exceed annual cap for sixth straight year
Quebec greenhouse gas (GHG) emissions in 2023 dropped year-on-year (YoY), but still surpassed the province’s ETS cap for the sixth consecutive year, according to government data released Friday.
Read MoreCFTC: Investors pivot to V25 CCAs while traders trim RGGI, WCA exposure
Investors continue to build holdings in V25 California Carbon Allowance (CCA) holdings, reducing exposure in V24s, while traders cut RGGI Allowance (RGA) and Washington Carbon Allowance (WCA) net length over the last week, according to data released Friday from the US Commodity Futures Trading Commission (CFTC).
Read MoreUS ELECTIONS PREVIEW: Next US administration to determine future path of domestic, international environmental policy focus
With under a month to US elections, Carbon Pulse’s North American team has sourced insights from a wide network of policy analysts and industry stakeholders on some of the key environmental issues potentially at stake depending on which candidate occupies the White House next year.
Read MoreOil and gas giant secures 110k ha offshore CO2 storage lease in US Gulf Coast
A US-based oil and gas multinational announced Thursday it has won a lease for 271,000 acres (110,000 hectares) for an offshore CO2 storage site in Texas state waters in the Gulf of Mexico.
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