ICE US announces new North American clean fuels futures and options contracts
Exchange operator ICE Futures US announced new low carbon fuel futures and options contracts starting next month.
Read MorePennsylvania GOP take another shot at RGGI repeal in 2025
Senate Republicans in Pennsylvania reintroduced legislation Friday to repeal RGGI regulation as part of the new 2025-26 legislative session.
Read MoreCanada’s CFR alternate compliance credit prices for 2024 face as much as 2.2% inflation
Credit prices used towards alternate compliance options in Canada’s Clean Fuel Regulations (CFR) programme for 2024 increased 2.2% compared to last year, according to a notice from the environment ministry on Friday.
Read MoreCFTC: Investors reroute to V26 CCAs on ARB rulemaking hiccups, derisk across US carbon markets
Financial entities moved focus to V26 California Carbon Allowances (CCA), while continuing to derisk across V25 CCAs, RGGI Allowances (RGA), Low Carbon Fuel Standard (LFS), and Washington Carbon Allowance (WCA) holdings as credit prices in the secondary market weakened, latest figures from the US Commodity Futures Trading Commission (CFTC) showed Friday.
Read MoreWCI Markets: CCAs still shaky over ARB’s ‘bungled’ rulemaking
Weakness and volatility extended for a second week in California Carbon Allowances (CCA) in the secondary market in the aftermath of ARB’s ‘bungled’ delay to rulemaking, while traders ratcheted up further dated Washington Carbon Allowance (WCA) purchases.
Read MoreUS agency guidance limits federal funding halt to climate initiatives
The White House issued further guidance on executive actions from the new US administration, which halted the disbursement of funds appropriated under the Inflation Reduction Act (IRA) and the Infrastructure Investment and Jobs Act, among other policies affecting the direction of environmental policy.
Read MoreRGGI Market: Frigid weather fuels RGA brief rebound, risks ahead
RGGI allowances (RGAs) in the secondary market stepped higher all through last week as a cold spell blanketed the US Northeast, but traders expect near-term headwinds ahead for prices.
Read MoreCFTC: Investors trim exposure in CCAs, RGGI, LCFS markets
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.
Read MoreWCI Markets: Aftershocks of ETS rulemaking delay keep CCA volatility high
Another delay to highly anticipated cap-and-trade rulemaking jolted California Carbon Allowances (CCA) prices in the secondary market briefly to near three-year lows on Tuesday, with volatility driving up option prices.
Read MoreUS DOE churns near $14 mln funding for products from chemical, refinery CO2 emissions
The US DOE announced $13.7 million in available federal funding on Thursday to advance CO2 conversion from chemicals production and petroleum refining into usable products, adding to a string of awards since the start of the year.
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