WCI Markets: CCAs drift awaiting programme updates from ARB
California Carbon Allowance (CCA) prices lacked direction as volatility eased through the week with markets awaiting programme updates from ARB, while Washington’s third quarterly auction cleared in the middle of market expectations.
Read MoreBrazilian national development bank launches $180 mln credit line for forestry investments
The national development of Brazil announced Thursday the launch a R$1 billion ($180 million) credit programme aimed investments in forestry activities that promote native vegetation and capture CO2 from the atmosphere.
Read MoreCanadian CDR firm receives C$2.5 mln investment from major banks
A Canadian carbon removals (CDR) company announced Thursday it has received C$2.5 million ($1.8 mln) from two major banks.
Read MoreDAC developer signs $3 mln engineering agreement for Louisiana project
A direct air capture (DAC) developer on Wednesday announced a $3 million phased commercial agreement with global partners to launch engineering studies and potentially supply CO2 removal (CDR) credits from a Louisiana project.
Read MoreIowa politicians ramp up opposition to CO2 pipeline
County supervisors in Iowa on Tuesday condemned the use of eminent domain for a proposed CO2 pipeline, while state Republicans announced plans to challenge the project’s approval.
Read MoreCalifornia defends clean vehicle standard authority against SCOTUS appeal
California filed a brief Monday in the US Supreme Court (SCOTUS) urging that it toss out an appeal by Republican states and energy industry interests to overturn the state’s longstanding authority to set clean vehicle standards stricter than federal equivalents.
Read MoreUS-based exchange to launch Alberta TIER carbon futures next week
A North American environmental commodities exchange announced Monday that it will next week launch futures contracts for Alberta Technology Innovation Emission Reductions (TIER) credits, as well as a suite of new renewable energy credit (REC) trading products.
Read MoreBrazilian oil company, agricultural research organisation to cooperate on raw materials for biofuels
A Brazilian oil company and agricultural research organisation have signed a cooperation agreement to develop technical studies on renewable raw materials for low-carbon products, including biofuels.
Read MorePREVIEW: Traders expect discounted RGGI Q3 auction clear, compliance participation key
Traders favour the Q3 RGGI permit sale to clear at a discount to secondary market prices, with compliance demand a key factor determining the settlement.
Read MoreUS DAC firm pauses development of Wyoming facility, decides to relocate to another state
A US direct air capture (DAC) firm has announced that it will pause its planned Wyoming facility and move its focus to another state in light of increased competition for renewable energy.
Read More