BRIEFING: LCFS changes, harmonisation between programmes top US biofuel industry wish list -panellists
Looking at the year ahead, the biofuels industry will be balancing programmes across different states and federal jurisdictions, with new sustainability guardrails in California’s Low Carbon Fuel Standard (LCFS), panellists said at a technical conference in California.
Read MoreBRIEFING: LCFS lawsuits could punt programme back to regulator without interruption -panellists
Changes to the state’s Low Carbon Fuel Standard (LCFS) face legal challenges from industry and environmental groups, but revisions from California’s regulator could enable the programme to continue without interruption, panellists said in a technical conference on Wednesday.
Read MoreCalifornia regulator anticipates LCFS changes effective April barring lawsuit injunctions
Recently approved amendments to California’s Low Clean Fuel Standard (LCFS) could be finalised by April, ARB staff told a conference Wednesday, barring potential complications from three ongoing lawsuits.
Read MoreNew York cap-and-invest scheme not likely to allow offsets -analyst
State agencies are expected to design New York’s ETS without provisions for carbon offsets that may allow participants to increase emissions, an analyst said at a conference on Tuesday.
Read MoreLCFS Market: Credit prices stabilise into 2025 after a turbulent year
US clean fuel programme credit values across West Coast schemes held steady heading into 2025 following a year marked by record surpluses and historically low prices.
Read MoreUS EPA power plant rules could accelerate retirements of coal units -report
Coal plants are expected to retire at a quicker rate by 2040 than the EPA anticipates based on the impacts of the federal agency’s power plant GHG emissions rules, according to new modelling by non-profits published on Thursday.
Read MoreUS DOE awards $18.6 mln to three projects aiming to decarbonise industrial practices
The US DOE announced on Friday the launch of three projects totalling $18.6 million in funding under the Inflation Reduction Act (IRA) that will align best practices to reduce emissions in hard-to-abate industrial sectors.
Read MoreRepealing US clean energy tax credits would save $852 bln in next decade -report
A Republican-led Congress is likely to revisit the Inflation Reduction Act (IRA) as part of broad tax reform, as the cost of the 22 clean energy tax credits almost doubles with EPA’s new emission rules, according to analysis from a conservative US think-tank.
Read MoreUS House Republican proposes air pollution permitting bill
The new House Energy and Commerce subcommittee chair introduced a bill on Friday targeting changes to the Clean Air Act (CAA) that could reduce permitting barriers for industrial operations.
Read MoreCFTC: Producers increase net length across CCA, RGA to wrap up 2024
Producers built their net length for both California Carbon Allowance (CCA) and RGGI Allowance (RGA) holdings at the end of 2024, while managed money closed out V24 RGA short positions, data released Monday from the US Commodity Futures Trading Commission (CFTC) showed.
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