Washington funds study to assess state’s carbon removal needs
An interim draft report commissioned by the state identified six key strategies to assess CO2 removal (CDR) requirements to meet Washington state’s GHG reduction targets.
Read MoreAlberta invests C$50 mln from carbon market into technology-agnostic drilling innovation
The Alberta government announced C$50 million ($35.7 mln) in funding from provincial carbon market proceeds to spur innovation in drilling technologies aiming to reduce emissions.
Read MoreCanada pumps C$12.5 mln into British Columbia’s industrial CCUS R&D
The Canadian federal government announced Thursday C$12.5 million ($8.9 mln) in funding for six research and development (R&D) projects in British Columbia that aim to accelerate carbon capture utilisation and storage (CCUS) of industrial emissions.
Read MoreWCI Markets: Q4 auctions drive CCA, WCA prices
California Carbon Allowances (CCA) recovered from a weak Q4 auction earlier this week, while Washington Carbon Allowances (WCA) receded ahead of the upcoming permit sale next week.
Read MoreWCI Markets: CCAs stage quick recovery after bearish sentiment from ARB’s rulemaking delays sinks Q4 auction clear
The Q4 California-Quebec current vintage carbon auction settled at nearly a $2 discount to secondary market prices and in line with a large cross-section of trader expectations, even as California Carbon Allowance (CCA) futures bounced quickly from the weak result.
Read MoreGlobal bank expects CCAs to reprice above $40 in Q1 2025 on ETS rulemaking progress
An Australian global bank expect clarity from outstanding policy elements in delayed WCI rulemaking into the first quarter next year to potentially help reprice California Carbon Allowances (CCA) above $40.
Read MoreBritish Columbia invests C$15 mln in local carbon capture firm
A British Columbia-headquartered carbon capture company announced Tuesday that a provincial fund had committed C$15 million ($10.7 mln) to accelerate the firm’s domestic and international projects.
Read MoreRGGI Market: Virginia circuit court decision fuels RGAs’ brief flight to $27
RGGI Allowances (RGA) skimmed $27 last week after a Virginia circuit court judge ruled the state’s exit from the Northeast carbon market to be unlawful, but readjusted lower in subsequent sessions as traders reset expectations for any immediate impact to the programme.
Read MoreNorth American investors commit $2 mln to Montana grassland carbon projects
A pair of North American investors announced Monday the finalisation of a $2 million investment in two Montana grassland conservation carbon projects.
Read MoreCompliance entities fall short RGGI permits in Q3 as prices rocketed to records -report
RGGI compliance entities hold a permit shortfall in Q3 from an earlier surplus through the prior quarter, while RGGI credit prices in the secondary market rose to new records, according to the latest market monitor report.
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