CFTC: Investor CCA sentiment sours with regulatory delays, emitters boost overall holdings across North American carbon markets
Financial entities axed their net California Carbon Allowance (CCA) holdings into the upcoming Q4 auction and with the delay in highly-anticipated regulatory updates that pulled prices lower this week, while producers built their positions across North American carbon markets, according to data released Friday from the US Commodity Futures Trading Commission (CFTC).
Read MoreBRIEFING: Washington to plan future EITE allowances without WCI linkage considerations
Washington’s Department of Ecology (ECY) will prepare a number of recommendations for future cap-and-trade allowance distribution to 2050 for its emissions-intensive and trade-exposed (EITE) industries without WCI linkage considerations, staff told an advisory group on Wednesday.
Read MoreWhite House rolls out marine CO2 removal research strategy
The Biden administration and the National Oceanic Atmospheric Administration (NOAA) released a federal strategy for accelerating marine CO2 removal (mCDR) research on Tuesday.
Read MoreResearchers work with Verra to evaluate forest carbon leakage in IFM projects
Economists and forestry researchers are working with Verra to develop a framework to better account for the full extent of forest carbon leakage in Improved Forest Management (IFM) projects, including the market-based responses of the global timber market.
Read MoreCanadian oil sands emissions flatten in 2023 despite production bump -report
Absolute greenhouse gas emissions in Canadian oil sands grew less than 1% for the third year in a row, according to analysis published on Thursday.
Read MoreAlberta TIER October spot prices continue to tumble amid weak demand
The Alberta Technology Innovation and Emission Reduction (TIER) programme’s spot prices reached historic lows for the second month in a row, according to a report published Friday.
Read MoreUS ELECTIONS PREVIEW – PART 4: CO2 pipelines dominate US Heartland environmental policy discourse ahead of elections
In the US Heartland CO2 pipeline controversy has brought glimmers of environmental policy to the region otherwise dominated by Republican trifectas, none of which are expected to shift at the upcoming November elections.
Read MoreUS ELECTIONS PREVIEW – PART 2: Close US Senate races in ex-RGGI states could shift balance of power in Congress
US Northeast and Mid-Atlantic RGGI member states that are Democrat strongholds are mostly expected to retain their trifecta status at the upcoming elections, presumably allowing for continued design and passage of carbon market programmes in 2025.
Read MoreUS ELECTIONS PREVIEW – PART 3: Southern Republicans to continue pursuit of CCS, IRA investments after US elections
Southern US Republican lawmakers are expected to retain a grip on state legislatures in the region after the November elections, while continuing to avail of clean technology investments spurred by the Inflation Reduction Act (IRA), and promoting carbon capture and storage (CCS) in the region.
Read MoreUS ELECTIONS PREVIEW – PART 1: Policy implementation hurdles constrain WCI market schemes across US West as elections near
US West Coast states envisioned additional emissions reduction policies in the past legislative year, but implementation challenges have placed Washington’s carbon market on the ballot, with close elections in Arizona and Nevada that could dictate the future of environmental policy at a state and federal level.
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