SCOTUS seeks input from US federal official on merit of fossil fuel lawsuits
The US Supreme Court is asking the Solicitor General to comment on a challenge from Alabama and 18 other conservative states trying to quash Democrat-led states’ lawsuits against oil and gas producers, according to a request made on Monday.
Read MoreWashington offers largest current year volumes for 2024 at Q4 sale amidst binary risk
Washington state’s Department of Ecology (ECY) will offer the most number of current year permits of all the auctions held in 2024 at its final sale in December, along with future vintage allowances despite the looming risk of programme repeal in November, according to a notice published by the agency on Friday.
Read MoreWCI Markets: ARB rulemaking update expectations drive up CCAs amidst inexplicable WCA rally
Anticipation for the next stage in ETS rulemaking lifted California Carbon Allowance (CCA) prices in the secondary market over the last five sessions, while the $10 rally over the last two weeks in Washington Carbon Allowances (WCAs) continues to confound traders.
Read MoreGlobal climate fund to invest up to $1 bln to decarbonise industry sectors in developing countries
One of the largest climate funds in the world announced on Thursday that it would invest up to $1 billion in technologies that reduce emissions from the industrial sector in developing countries.
Read MoreAustralian shipping tech developer to design CO2 tanks for bulk marine transport
Two shipping companies from Asia Pacific announced on Tuesday a collaboration to further marine transport of CO2 for long distances and large cargo volumes.
Read MoreUS dairy operators run pilot to curb methane emissions from livestock barns
A Denmark-based company announced on Tuesday a field test at a US farm to remove methane from dairy barn exhaust using a non-invasive technology.
Read MoreUS carbon refiner to support food supply chain by making protein from CO2
A US-based carbon refiner is in the process of commercialising a way to address food security issues by producing a nutrient-rich alternative to plant and animal-based proteins directly from CO2, according to a Tuesday announcement.
Read MoreNatural gas necessary bridge fuel in US grid decarbonisation, CCS not yet commercially viable -report
Natural gas will remain important to bridge the gap in energy demand for “many decades” as the US grid expects greater additions of solar and wind power, but carbon capture technology is not yet commercially competitive, according to a study published Monday by a US public policy think tank.
Read MoreCFTC: Shift to V25 CCAs extends, traders reduce RGGI exposure
An ongoing build-up of V25 California Carbon Allowance (CCA) holdings comes at the expense of V24s, while RGGI traders reduce exposure as allowance prices in the secondary market decline from summer peaks, according to this week’s data released Friday from the US Commodity Futures Trading Commission (CFTC).
Read MoreUS DOE plans to fund up to $1.3 bln carbon capture projects
The US Department of Energy (DOE) plans to fund up to $1.3 billion in carbon capture and sequestration (CCS) projects, according to a Notice of Intent (NOI) issued on Friday.
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