California chemical technology firm raises $3 mln for 100% synthetic SAF production

Published 20:14 on October 22, 2024  /  Last updated at 20:14 on October 22, 2024  / /  Americas, Aviation/CORSIA, RINs & LCFS, US, Voluntary

A fuel technology company based in California announced seed funding of $3 million on Tuesday for a patented process that enables 100% synthetic sustainable aviation fuel (SAF) production.

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RGGI Weekly: Benchmark RGAs cross above “psychological $20 threshold” in illiquid market

Published 23:04 on October 21, 2024  /  Last updated at 23:04 on October 21, 2024  / /  Americas, US

In the absence of near-term fundamental drivers and ongoing low liquidity, benchmark RGGI Allowances (RGA) reversed back above $20 over the week.

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US DOE invests over $58 mln in CDR technology commercialisation

Published 00:11 on October 19, 2024  /  Last updated at 00:11 on October 19, 2024  / /  Americas, Nature-based, US, Voluntary

The US Department of Energy (DOE) announced $58.5 million in funding on Friday to develop commercially viable CO2 removal (CDR) technologies.

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US DOE commits nearly $3 bln in conditional loans to expand SAF production

Published 23:35 on October 17, 2024  /  Last updated at 23:35 on October 17, 2024  / /  Americas, Aviation/CORSIA, RINs & LCFS, US

The US Department of Energy (DOE) announced conditional loans totalling nearly $3 billion to two biofuel producers with the goal of expanding sustainable aviation fuel (SAF) and renewable diesel (RD) output.

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INTERVIEW: Canadian firm plans to expand EV aggregator tool to US jurisdictions

Published 23:44 on October 16, 2024  /  Last updated at 23:45 on October 16, 2024  / /  Americas, Canada, RINs & LCFS, US

A Canadian advisory firm intends to roll out its tech solution that monetises EV credits earned through the country’s nascent Clean Fuels Regulations (CFR) to US jurisdictions with existing and planned electrification programmes.

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Oregon approves state forest for carbon crediting programme

Published 02:50 on October 16, 2024  /  Last updated at 03:02 on October 16, 2024  / /  Americas, Nature-based, US, Voluntary

The US state’s land board unanimously adopted on Tuesday a proposed management plan for a local forest to earn revenues through the sale of carbon credits.

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RGGI Market: RGAs briefly reverse slide in thin trade

Published 02:01 on October 16, 2024  /  Last updated at 02:01 on October 16, 2024  / and /  Americas, US

RGGI Allowance (RGA) prices in the secondary market briefly caught a headwind over the past week to reverse a sell-off since the market administrator released programme updates.

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WCI Markets: CCA trade spikes after ARB confirms aspects of upcoming ETS rulemaking

Published 18:14 on October 15, 2024  /  Last updated at 20:14 on October 15, 2024  / /  Americas, Canada, US

California Carbon Allowances (CCA) futures trade surged on ICE after regulator ARB released a notice Tuesday confirming aspects of upcoming changes to the cap-and-trade programme.

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CFTC: Investors pivot to V25 CCAs while traders trim RGGI, WCA exposure

Published 00:05 on October 12, 2024  /  Last updated at 00:05 on October 12, 2024  / and /  Americas, Canada, US

Investors continue to build holdings in V25 California Carbon Allowance (CCA) holdings, reducing exposure in V24s, while traders cut RGGI Allowance (RGA) and Washington Carbon Allowance (WCA) net length over the last week, according to data released Friday from the US Commodity Futures Trading Commission (CFTC).

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WCI Markets: CCA secondary market activity intensifies awaiting ARB next steps

Published 01:53 on October 11, 2024  /  Last updated at 01:53 on October 11, 2024  / and /  Americas, Canada, US

Futures and options trade of California Carbon Allowances (CCA) surged across ICE and Nodal exchanges over the five day stretch as markets await programme updates, while muted activity in Washington Carbon Allowances (WCA) continued through the period.

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