North American Clean Fuels Markets: Price stability erodes in LCFS
California’s Low Carbon Fuels Standard (LCFS), which started the year on a stable footing, faltered after regulator ARB detailed potential headwinds to the approval of programme updates last week, while the new US administration’s executive action on year-round E15 use also raised questions about impacts on the scheme.
Read MoreWCI Markets: CCAs still shaky over ARB’s bungled rulemaking
Weakness and volatility extended for a second week in California Carbon Allowances (CCA) in the secondary market in the aftermath of ARB’s bungled delay to rulemaking, while traders ratcheted up further dated Washington Carbon Allowance (WCA) purchases.
Read MoreCalifornia Republicans push to shift high-speed rail funding to wildfire prevention
California state legislators introduced two bills that would shift the annual state funding appropriated for the state’s High-Speed Rail Authority to wildfire prevention and water infrastructure projects.
Read MoreBRIEFING: US CCS firms optimistic of 45Q tax credit extensions
US carbon capture and storage (CCS) firms are hopeful that the 45Q tax credits underlying their business models will benefit from repeated extensions similar to subsidies for renewables.
Read MoreUK investment firm shrugs off Trump-US climate rollback
A London-headquartered investment manager expects recent gutting of US climate policy won’t stop the world from pursuing renewable energy.
Read MoreBrazilian state announces reforestation partnership with commodity trader
A forest-rich Brazilian state has joined forces with a multinational commodity trader on a reforestation initiative, a top official announced in Switzerland on Thursday.
Read MoreNew York awards $1.2 mln to four hydrogen R&D projects
New York awarded on Thursday $1.2 million to four R&D projects to demonstrate new designs for clean hydrogen electrolysers.
Read MoreOpenAI working with offset platform to automate voluntary purchases
A voluntary carbon offset platform is working with OpenAI to automate access and purchase of credits.
Read More“There is still hope” for a renewables revolution, despite Trump -experts
The goal of tripling global renewable energy capacity by the end of this decade is still within reach, despite the US likely backtracking on its energy transition in the next four years, renewable energy leaders and governments said on Thursday.
Read MoreStudy highlights Canada’s seabed sediment as critical carbon sink
A new study published Friday has highlighted the pivotal role of Canada’s seabed sediments as carbon sinks, stressing the urgent need for stronger protections.
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