North Dakota rejects permit for CCS ethanol project involved in large carbon removal deal
The North Dakota Public Service Commission (PSC) on Friday withheld a siting permit for an ethanol carbon capture and storage (CCS) project that is part of a diversified carbon removal forward credit purchase agreement announced earlier this year.
Read MoreNew York cap-and-invest success hinges on gas transition framework, EJ advocate says
The equitable and successful implementation of New York’s forthcoming cap-and-invest programme also hinges on the state adhering to its climate plan framework to transition off gas and thereafter retire fossil fuel plants, an environmental justice (EJ) advocate said Thursday.
Read MoreSecond Oregon-based CCO project set for termination following wildfires -report
Another forestry-based California Carbon Offset (CCO) project in neighbouring Oregon will be cancelled after wildfires ravaged the site several years ago, according to a media report Wednesday, which would make it the second improved forest management (IFM) undertaking in the Beaver State to fold.
Read MoreUS climate law alone not enough to meet Paris goal -analysis
Mandates and regulations must accompany the clean energy incentives provided by the Inflation Reduction Act (IRA) in order for the US to hit its Paris Agreement GHG reduction commitment, according to analysis published Wednesday.
Read MoreMassachusetts GWSA emissions maintain 3-year low during Q2
CO2 output under the Massachusetts Global Warming Solutions Act (GWSA) cap-and-trade system remained at three-year lows through the second quarter of 2023, according to data updated this week.
Read MoreAir carrier ANA inks carbon removal credit offtake with Texas direct air capture project
Japan-based airline ANA on Tuesday announced it will purchase tens of thousands of tonnes of carbon removals from a direct air capture project in the Lone Star State.
Read MoreAlberta TIER credit prices continue recent stagnation through July
Spot carbon credit prices under the Alberta Technology Innovation and Emissions Reduction programme ticked up slightly in July, but stayed well within a months-long range amid summer trading doldrums, according to a report published Tuesday.
Read MoreLCFS quarterly net credit surplus recedes for second straight period during Q1
California Low Carbon Fuel Standard net credits exceeded the 1 million mark for the fourth straight quarter during the January-March period, though the total additions to the programme’s surplus bank slowed for the second three-month stretch in a row, according to state data published Monday.
Read MoreWCI Markets: CCAs set new all-time high as bullish workshop, gamma squeeze boost prices
Benchmark California Carbon Allowance (CCA) prices on Monday traded at a record high for the third time in the past four sessions, as market participants pointed to the impact of state regulator ARB’s potential cap-and-trade allowance budget cuts and options volatility sellers raced to cover their deltas amid the rally.
Read MoreIncubEx, Nodal Exchange roll out futures contracts for Washington clean fuel credits, vintage-specific WCAs
Environmental products developer IncubEx and commodity trading platform Nodal Exchange next month will launch the first-ever futures contracts for Washington Clean Fuels Program (WCFP) credits, as well as vintage-specific offerings of their existing Washington Carbon Allowance (WCA) products.
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