CFTC: Producers, managed money both pull back in CCAs, RGAs
Both emitters and financial players pulled back in their overall net holdings in California Carbon Allowances (CCAs) and RGGI Allowances (RGAs), the latest weekly US Commodity Futures Trading Commission data showed.
Read MoreCalifornia confirms May 28 hearing to consider proposed Cap-and-Invest updates
California regulator ARB published on Friday a notice confirming the May 28 date for a public hearing where proposed updates to the state’s Cap-and-Invest Program will be considered for approval.
Read MoreUPDATE- Canada-Alberta undercut existing federal benchmark with TIER C$140/t headline carbon price
Canada and Alberta have set a headline carbon price of C$140 per tonne by 2040 for the oil-producing province’s Technology Innovation and Emissions Reduction Regulation (TIER) market.
Read MoreBRIEFING: BECCS ambitions in Brazil hinge on carbon pricing, regulatory clarity
Brazil’s ethanol industry could become a globally competitive source of engineered carbon removals through bioenergy with carbon capture and storage (BECCS), but developers are still waiting for the regulatory clarity and carbon pricing signals needed to make projects financially viable.
Read MoreWCI Markets: CCAs creep higher ahead of Q2 auction
California Carbon Allowance (CCA) futures edged up towards the mid-$29 range ahead of next week’s Q2 auction as the market looks for clarity from the sale and a planned vote on proposed changes to the state’s Cap-and-Invest Program.
Read MoreANALYSIS: Proposed California ETS updates draw scrutiny on affordability, ambition in 15-day notice comments
Stakeholders from a wide swath of sectors urged California regulator ARB to revise various proposed updates to the state’s Cap-and-Invest Program to address concerns around affordability, ambition, and other areas in submissions on the 15-day notice released by the agency.
Read MoreCalifornia offset issuance slumps 70% in latest round
California regulator ARB issued fewer than 44,000 compliance-grade offsets over the past three weeks, the second-lowest issuance so far this year, according to data released on Wednesday.
Read MoreBRIEFING: Canada-Alberta set to weaken carbon pricing timeline for TIER
Canada and Alberta appear to have agreed on a weakened carbon pricing timeline for the oil-producing province’s Technology Innovation and Emissions Reduction (TIER) market, which experts said could disincentivise improvement for the rest of the country’s patchwork of systems.
Read MoreAlberta TIER fund body projects revenue drop, tripling deficit through decade end
A new business plan by a body tasked with spurring Alberta’s clean energy sector with funding partially sourced from the province’s stuttering Technology Innovation and Emissions Reduction (TIER) market appears out of sync with that government’s fund revenue projections.
Read MoreBrazil advances institutional infrastructure for ETS with governance, working group resolutions
Brazil published four resolutions in the Official Gazette on Tuesday that contribute to the operational development of its national ETS (Portuguese: SBCE).
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