US EPA calls emergency halt appeal to SCOTUS against power plant regulations “meritless”
The Environmental Protection Agency (EPA) defended its power plant rules against an emergency appeal to the US Supreme Court (SCOTUS) that is requesting a stay of the regulation.
Read MoreWCI Q3 auction settles at lowest in 18 months, sparking volatility in secondary market
The Q3 California-Quebec current vintage carbon auction settled at nearly a $3 discount to secondary market prices, well below trader and analyst expectations, sending secondary market California Carbon Allowance (CCA) futures in a volatile spin.
Read MoreUS carves out nearly $300 mln from IRA for SAF
The US Federal Aviation Administration (FAA) has announced $291 million in grants from Inflation Reduction Act (IRA) funds to projects that facilitate development and implementation of sustainable aviation fuels (SAF).
Read MoreRGGI Market: Few sellers, weather keep RGGI prices bid
Lack of liquidity and near-term weather were some of the main drivers of RGGI Allowances (RGA) in the secondary market this week that traders deliberated as benchmark prices held north of $27.
Read MoreUS party platforms outline potential Harris, Trump presidencies’ environment, energy plans
With the release of the official Democratic platform on Sunday, both major US political parties have now made public they priorities regarding climate, energy, and the environment if they emerge victorious in the November presidential election, although both documents largely aligned with established party policy preferences.
Read MoreUS oil majors defend objections to Pennsylvania county climate lawsuit
A group of US oil companies with global operations jointly filed a brief last week asking a court to dismiss a Pennsylvania county’s claims that their industry had exacerbated climate change.
Read MoreFederal court dismisses SAF greenwashing lawsuit against United Airlines
A federal court granted United Airlines’ (UA) motion to dismiss a class action lawsuit alleging the airline had misrepresented its green claims from the use of sustainable aviation fuel (SAF), according to court documents released Wednesday.
Read MoreNew York ETS draft rules expected later this year -state officials
New York officials plan to release draft rules for the state’s cap-and-invest programme later this year, a webinar heard Thursday, with staff requesting feedback on proposed investment framework.
Read MoreBrazil’s Amazonas prosecutor may pursue legal means if REDD+ suspension recommendation not adhered to
The Federal Public Prosecutor’s Office (MPF) in Amazonas clarified Thursday that the suspension recommendation targeting select REDD+ activities in the Brazilian state was an “extrajudicial instrument”, with possible legal ramifications if their counsel was not followed, and provided more details on the relevant compliance timeline and assessment factors.
Read MoreARB offset issuance YTD trails 2023 by 30%
California regulator ARB more than doubled offset issuance over the latest three-week period compared to its prior biweekly distribution, yet remains 30% behind year-to-date (YtD) levels at the same time in 2023.
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