Canadian carbon offset developer postpones London listing, citing market conditions
A Vancouver-based offset project developer announced Friday that it will delay its dual listing on the London AIM exchange until “market conditions in [the] UK and Canada improve”, while affirming its commitment to the process.
Read MoreRGGI emissions rise over 7% in Q2, continue 2024 ascent
Emissions under the US Northeast and Mid-Atlantic power sector cap-and-trade scheme increased more than 7% year-on-year (YoY) during Q2, programme data showed Thursday, as regional power demand continued its 2024 growth.
Read MoreUS Democratic lawmaker introduces bill for national GHG pollution allowance trading system
A Democratic member of the US House of Representatives introduced Tuesday legislation that would set an enforceable, economy-wide cap on greenhouse gas (GHG) emissions, requiring emitters to purchase allowances under a declining cap from auctions conducted by the Environmental Protection Agency (EPA).
Read MoreEnvironmental groups join legal effort to overturn Pennsylvania’s RGGI exit
An environmental nonprofit announced Monday it has joined appeal efforts of Pennsylvania’s exit from RGGI, after a decision by the state Supreme Court earlier this month allowed a group of similar organisations to intervene in favour of reinstating the state’s participation in the US regional market-based program to reduce greenhouse gas emissions.
Read MorePotential Maryland cap-and-invest programme would help fulfil state climate goals -report
An economy-wide cap-and-invest programme in Maryland would help the state achieve its climate and decarbonisation goals if designed and implemented carefully, according to a recent report published by a Washington DC-based non-profit.
Read MoreRGGI Market: RGAs skyrocket to new records amidst ongoing power demand, programme review silence
RGGI allowances (RGA) skyrocketed to historic highs over the last week, as market participants attributed the rally to ongoing compliance demand and uncertainty around the programme review, noting the market is overvalued, whilst a non-profit suggested earlier and more ambitious budget allowance cuts.
Read MoreCorporates increasingly look to bundle carbon credits into US CCS tax equity investments
Large corporations are increasingly looking to bundle carbon credits into agreements for tax equity investments for carbon capture and storage (CCS) projects in the US, conference attendees heard this week.
Read MoreInterest in CCS piqued by EPA power plant rule, but legal questions stymie development -panellists
US Environmental Protection Agency (EPA) standards finalised this spring that envision a prominent role for carbon capture and storage (CCS) in reducing power plant emissions have piqued interest in the emerging technology, but hesitancy remains around legal challenges, a conference heard Thursday.
Read MoreUS federal CCS support unlikely to be deterred by potential Trump presidency, experts say
Tax credits and other incentives towards carbon capture and storage (CCS) in the US are likely to continue under a potential second Trump administration, experts told conference attendees, also providing recommendations for project developers in a post-election landscape.
Read MoreRGGI 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.
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