CFTC: CCA price slump draws in investors, RGAs shelved

Published 01:31 on February 15, 2025  /  Last updated at 01:31 on February 15, 2025  / and /  Americas, Canada, US

Investors continued to build net length in California Carbon Allowance (CCA) as futures prices reversed mid-week ahead of the first quarterly permit sale, while traders reduced RGGI exposure amidst US-Canada tariff uncertainty, latest figures from the US Commodity Futures Trading Commission (CFTC) showed Friday.

Read More

CAR poaches next president from Verra senior leadership

Published 19:00 on February 14, 2025  /  Last updated at 20:25 on February 14, 2025  / /  Americas, Asia Pacific, Bavardage, Canada, EMEA, International, Nature-based, South & Central, US, Voluntary

Voluntary carbon market (VCM) standard Climate Action Reserve (CAR) announced Friday the selection of its next president – a market veteran currently serving as senior leadership at competitor Verra.

Read More

WCI Markets: Traders anticipate post auction CCA rebound

Published 03:03 on February 14, 2025  /  Last updated at 03:03 on February 14, 2025  / and /  Americas, Canada, US

California Carbon Allowance (CCA) prices clawed back earlier losses through the week amidst heightened futures and options transaction activity ahead of the first quarterly permit sale next week, while trade in Washington Carbon Allowances (WCA) remained muted.

Read More

California’s $10 bln climate bond has merits, risks in multi-year lock-in

Published 23:44 on February 13, 2025  /  Last updated at 23:44 on February 13, 2025  / /  Americas, Canada, US

California’s fiscal and policy advisory body found merit in Governor Gavin Newsom’s (D) proposal for a $10 billion climate bond that shifts cap-and-trade derived funds, but cautioned about shortcomings of a multi-year approach to adjust to changing priorities.

Read More

Canadian net-zero nickel pilot plant inches closer to development with federal funding

Published 20:47 on February 13, 2025  /  Last updated at 20:47 on February 13, 2025  / /  Americas, Canada, Voluntary

A Canadian company with sights set on developing net-zero nickel to power the EV revolution has won more than C$3 million ($2.4 mln) in federal funding for a pilot plant.

Read More

Millions in forest conversion offsets propel ARB issuance to record, few provide benefits to California

Published 19:54 on February 13, 2025  /  Last updated at 19:54 on February 13, 2025  / and /  Americas, Canada, US

California regulator ARB granted 3.6 million California Carbon Offsets (CCOs) to an avoided conversion forest project, which took their bi-weekly issuance to all-time highs, but only a small percentage were tagged with direct environmental benefits (DEBs) to the state, data published Wednesday showed.

Read More

US fund purchases British Columbia forestland for nearly C$70 mln

Published 02:46 on February 13, 2025  /  Last updated at 02:46 on February 13, 2025  / /  Americas, Canada, Nature-based, US, Voluntary

A US-based forest carbon fund spent nearly C$70 million ($48.5 mln) to acquire more than 10,000 hectares of private forest in British Columbia, according to an announcement Tuesday.

Read More

Canada can’t build clean power plants fast enough to meet demand -study

Published 23:41 on February 11, 2025  /  Last updated at 23:41 on February 11, 2025  / /  Americas, Canada

Canada’s timeline to achieve net zero is “impossible in practical terms,” according to new study examining current clean power options up against the sheer scale of incoming electricity demand.

Read More

BRIEFING: Global carbon market traded volume surges in 2024, valuation remains flat -analysts

Published 23:29 on February 11, 2025  /  Last updated at 23:29 on February 11, 2025  / /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, Carbon Taxes, CBAM, China, Climate Talks, EMEA, EU ETS, International, Japan, Mexico, Middle East, Nature-based, New Zealand, Other APAC, Paris Article 6, Shipping, South & Central, South Korea, Switzerland, UK ETS, US, Voluntary

Global carbon markets saw their value marginally rise to above €800 billion in 2024, according to annual research published by analysts, while traded volume jumped by almost 25% year-on-year amid buoyant activity across nearly all systems.

Read More

ANALYSIS: The Trump effect on North American carbon markets

Published 16:52 on February 11, 2025  /  Last updated at 16:52 on February 11, 2025  / /  Americas, Canada, US

Traders deliberated the impact of President Donald Trump’s first few weeks of unravelling US environmental policy on subnational carbon markets, as outsized option positions underpin participants’ hedging against negative outcomes, while longer-term policy shifts are yet to emerge after LA wildfires delayed California’s ETS rulemaking.

Read More