Washington Clean Fuels Standard annual participation fee jumps over 40% in 2025
The Washington Department of Ecology (ECY) proposed to raise 2025 participation fees by over 40% for its Clean Fuels Standard (WCFS) programme entities, as annual costs to run the scheme surged over 22% compared to 2024.
Read MoreCFTC: Traders temper V25 CCA exposure, boost ACP, V26 net length
Compliance entities and investors reduced V25 California Carbon Allowances (CCAs) net length in favour of V26s, while raising net Auction Clearing Price (ACP) interest ahead of the second quarterly permit sale, data published Friday by the US Commodity Futures Trading Commission (CFTC) showed.
Read MoreWCI Markets: Focus shifts to Q2 auction after California’s ETS extension package disappoints
California Carbon Allowances (CCA) weakened after market participants were disappointed that proposals to extend the ETS past its 2030 sunset date were scant on details, with traders turning their focus to next week’s second quarterly permit sale, while trade in Washington Carbon Allowances (WCA) remains illiquid.
Read MoreWCI Markets: Brief CCA optimism fades as California governor proposes rebranded ETS extension to 2045 with limited details
Governor Gavin Newsom (D) released plans Wednesday to extend California’s market-based emissions trading scheme past its current 2030 sunset date in a revised budget proposal, sparking a brief spike in California Carbon Allowance (CCA) futures.
Read MoreUS EV, CO2 storage, hydrogen tax credits risk repeal, clean fuel production incentives remain in 2025 budget proposals
The House of Representatives’ Ways and Means Committee is expected to vote Tuesday on its section of the US 2025 budget considerations, which involves a mixed bag for clean energy tax credits.
Read MorePM Carney appoints new Canadian environment minister
Canadian Prime Minister Mark Carney announced Tuesday new members to his cabinet, selecting a Toronto parliamentarian to lead the environment ministry.
Read MoreUS DOE deregulates en masse, plans to eliminate 47 regulations
The US DOE announced a proposal to eliminate or reduce 47 regulations from the Federal Register related to appliance standards, energy production, and reporting requirements for grant recipients.
Read MoreAlberta pre-empts federal government, freezes industrial carbon price amidst tariff uncertainty
The provincial government announced Monday it would hold its industrial carbon price at the 2025 rate to keep Alberta businesses competitive, in response to uncertainty from US tariffs, and ahead of any plans from the new federal leadership.
Read More15 states sue over President Trump’s “national energy emergency”
A coalition of 15 states filed a lawsuit to challenge President Donald Trump’s executive order (EO) declaring a “national energy emergency” on the day of his Inauguration, alleging that the action was unlawful.
Read MoreCFTC: Investors resort to V25 CCA, LCFS, RGGI spreads awaiting programme updates
Speculators cautiously raised California Carbon Allowance (CCA), Low Carbon Fuel Standard (LCFS), and RGGI allowance (RGA) spread holdings over the week absent firm regulatory guidance, data published Friday by the US Commodity Futures Trading Commission (CFTC) showed.
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