INTERVIEW: IncubEx targets growth in clean fuel credit contracts, improvements to voluntary carbon marketplace
Environmental product development firm IncubEx is aiming to boost uptake in its suite of clean fuel credit offerings, and is also making several changes to enhance its project-specific voluntary carbon marketplace, a company official told Carbon Pulse.
Read MoreNova Scotia June cap-and-trade auction settles at floor with major utility absent
The Nova Scotia carbon auction this month sold all allowances at the scheme’s floor price, with the Canadian province’s largest utility not having qualified after receiving millions of extra free permits this spring, according to results published Wednesday.
Read MoreStatus quo for 2023-25 RFS volumes will weigh on RIN prices, bank says
US biofuel credit (RIN) prices will continue to face pressure if the EPA does not hike the next three years’ worth of Renewable Fuel Standard (RFS) quotas in an upcoming final rulemaking, a major investment bank said Tuesday.
Read MoreRio de Janeiro approves tax breaks to incentivise voluntary carbon credit use
Rio de Janeiro Mayor Eduardo Paes this week signed legislation to reduce costs for firms utilising voluntary carbon credits and position the Brazilian city as a centre of the green economy.
Read MoreBritish Columbia reviews fuel switching offset protocol due to additionality risk
The British Columbia government on Tuesday put the province’s fuel switching offset protocol (FSOP) under review because emissions reductions under the methodology may no longer be additional to business-as-usual practice.
Read MoreCO2 utilisation firm nets $6 mln to scale up, expand to US
An Amsterdam-based climate tech startup on Tuesday announced a $6 mln fundraise it will utilise to ramp up its CO2 storage and utilisation potential for agriculture operations and set up an American branch.
Read MoreNew York lawmaker looks to 2024 after LCFS legislation sputters
The New York Assembly this weekend failed to vote on a bill to enact a low-carbon fuel standard (LCFS) prior to the adjournment of the 2023 legislative session, with a key lawmaker aiming to receive more education on the transportation sector programme before the next session begins.
Read MoreRGGI Market: RGAs sink after Q2 auction settlement misses to downside
RGGI Allowance (RGA) prices bounced around this week as traders positioned for the June auction, but ultimately ended at a loss after results showed the Q2 sale cleared below most market participants’ expectations.
Read MoreQuebec reveals timeline to enact potential WCI cap-and-trade amendments
The Quebec environment ministry on Thursday shed light on its plan to ratify possible adjustments to its WCI-linked cap-and-trade system, as it also revealed further details on the topics the province and California will discuss at a carbon market rulemaking webinar next week.
Read MoreAlberta TIER credit prices stagnate in May ahead of compliance deadline
Spot carbon credit prices under Alberta’s Technology Innovation and Emissions Reduction (TIER) regime inched down in May as the programme’s annual true-up neared, with newer vintage credits attracting a slight premium, according to a report published Wednesday.
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