California Republicans push to shift high-speed rail funding to wildfire prevention

Published 00:09 on January 24, 2025  /  Last updated at 00:09 on January 24, 2025  / /  Americas, US

California state legislators introduced two bills that would shift the annual state funding appropriated for the state’s High-Speed Rail Authority to wildfire prevention and water infrastructure projects.

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US Republican states sue over Biden’s offshore drilling ban ahead of Trump reversal

Published 22:53 on January 22, 2025  /  Last updated at 22:53 on January 22, 2025  / /  Americas, US

Attorneys General (AGs) from five Republican states were joined by two oil and gas groups in a challenge to the offshore drilling ban imposed by former US President Joe Biden’s office days before it was reversed by the administration of newly inaugurated President Donald Trump.

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Attorneys General from 23 Republican states sue EPA over methane tax

Published 03:38 on January 18, 2025  /  Last updated at 03:38 on January 18, 2025  / /  Americas, US

The Attorney General of Texas led 22 other states in a lawsuit against the US EPA, alleging that the agency exceeded its authority in implementing a fee for excess methane emissions.

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CFTC: Investors trim exposure in CCAs, RGGI, LCFS markets

Published 03:15 on January 18, 2025  /  Last updated at 20:14 on January 18, 2025  / , , and /  Americas, Canada, US

Financial entities reduced net length in V25 California Carbon Allowances (CCA), RGGI Allowances (RGA), and Low Carbon Fuel Standard (LFS) futures and options as volatility spiked in the secondary market, according to data from the US Commodity Futures Trading Commission (CFTC) on Friday, which also revealed a bearish picture for the group’s Washington Carbon Allowance (WCA) vintage 2025 holdings for the first time.

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BRIEFING: LCFS changes, harmonisation between programmes top US biofuel industry wish list -panellists

Published 23:32 on January 16, 2025  /  Last updated at 23:32 on January 16, 2025  / /  Americas, RINs & LCFS, US

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.

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BRIEFING: LCFS lawsuits could punt programme back to regulator without interruption -panellists

Published 03:08 on January 16, 2025  /  Last updated at 03:08 on January 16, 2025  / /  Americas, RINs & LCFS, US

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.

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California regulator anticipates LCFS changes effective April barring lawsuit injunctions

Published 21:45 on January 15, 2025  /  Last updated at 21:45 on January 15, 2025  / and /  Americas, RINs & LCFS, US

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.

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New York cap-and-invest scheme not likely to allow offsets -analyst

Published 04:50 on January 15, 2025  /  Last updated at 04:50 on January 15, 2025  / /  Americas, US, Voluntary

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.

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LCFS Market: Credit prices stabilise into 2025 after a turbulent year

Published 01:35 on January 14, 2025  /  Last updated at 01:35 on January 14, 2025  / and /  Americas, RINs & LCFS, US

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.

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US EPA power plant rules could accelerate retirements of coal units -report

Published 00:49 on January 11, 2025  /  Last updated at 00:49 on January 11, 2025  / /  Americas, US

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.

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