RGGI Market: RGAs recede from record high above $30
RGGI Allowance (RGA) futures set a record high settlement before speculator-driven selling brought prices back down on the week, traders said.
Read MoreVirginia publishes proposed RGGI regulation as it gears up for re-entry
Virginia’s Department of Environmental Quality (DEQ) has published draft regulatory text for its planned re-entry into regional power sector ETS RGGI, including proposed base CO2 allowance budgets.
Read MoreAlberta seeks comment on vent gas protocol
Alberta has opened the public comment period for the second version of its vent gas reduction protocol, in line with a target to finalise the protocol this summer.
Read MoreCalifornia to release 15-day notice on Tuesday for updates on ETS rulemaking
California regulator ARB announced it will publish on Tuesday modified texts and additional documents related to its planned update of the state’s Cap-and-Invest Program for a 15-day comment period.
Read MoreCORRECTION – CFTC: Managed money grows RGAs as prices hit $30
Managed money extended its net long RGGI allowance (RGA) position as the benchmark contract settled above $30 for the first time on ICE, while trimming California Carbon Allowance (CCA) holdings during the Apr. 1-7 CFTC period.
Read MoreCORRECTION – California YoY power sector emissions rise in February
California’s power sector emissions rose year-on-year (YoY) in February, reversing the previous month’s decline as changes in the generation mix altered the state’s overall emissions output.
Read MoreCalifornia legislators urge ARB to increase allowances in Cap-and-Invest update
A group of bipartisan state legislators asked the California air regulator ARB to change its proposed update to the Cap-and-Invest programme ahead of the planned vote in May.
Read MoreRenewable diesel drives California’s fuel emissions cut progress as gasoline lags -analysis
California is ahead of its diesel-related GHG reduction targets but falling further behind on gasoline, according to a consultancy analysis.
Read MoreWCI Markets: CCAs inch to new YtD low as market eyes ARB rulemaking package
California Carbon Allowances (CCAs) sank to a new year-to-date (YtD) low before recovering slightly, as traders said the market was drifting sideways pending major regulatory updates seen key to next month’s WCI Q2 auction.
Read MoreOECD recommends set of carbon tax changes to boost growth in member countries
Carbon pricing and broader decarbonisation strategies can support economic growth and competitiveness if embedded within wider structural reforms, according to a new report by the Organisation for Economic Co-operation and Development (OECD).
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