CFTC: Investors add record V26 CCA length, producers reduce RGGI exposure
Investors built their V26 California Carbon Allowance (CCA) net length while cutting more V25s, and producers pulled back their RGGI Allowance (RGA) exposure, according to latest weekly data released Friday by the US Commodity Futures Trading Commission (CFTC).
Read MoreAffordability concerns weigh on Washington’s considerations to tighten WCFS
A bill that aims to tighten the carbon intensity (CI) reduction targets under the Washington Clean Fuel Standard (WCFS) drew opposition at Wednesday’s public hearing over affordability concerns, while proponents stressed the need for broader market alignment.
Read MoreNew Mexico eases compliance CI standards in draft clean fuels programme rules
New Mexico’s environment ministry on Wednesday increased proposed carbon intensity (CI) levels as it drafts rules for the state’s Clean Transportation Fuel Standard (CTFS) regulation, thereby easing compliance obligations for gasoline and diesel while allowing for higher credit generation for renewable diesel (RD) and biodiesel suppliers.
Read MoreNorth American Clean Fuels Markets: LCFS credit prices stabilise following positive signals from ARB
California’s Low Carbon Fuel Standard (LCFS) credit prices stabilised in March after regulator ARB indicated that programme changes could take effect in time for Q1 2025 reporting, while Washington’s senate considered a bill to increase the stringency of its clean fuels programme Wednesday.
Read MoreWashington lawmakers consider increased carbon intensity reduction targets under clean fuels programme
Washington’s senate committee on Wednesday will consider a bill that aims to adjust carbon intensity (CI) reduction targets under the state’s Clean Fuel Standard (WCFS).
Read MoreSeveral US state lawmakers propose clean fuel standards
A number of state lawmakers have proposed clean fuel standards in the 2025-26 legislative session, including one that contains language for policymakers to consider linkage with jurisdictions such as California, Oregon, and Washington.
Read MoreStates have legal options to reduce aviation emissions despite US federal challenges -report
States considering regulations to lower aviation emissions, including sustainable aviation fuel (SAF) mandates, can minimise legal risks of federal preemption by carefully structuring policies, according to a new report examining viable state-level strategies.
Read MoreINTERVIEW: US values clean energy for diversification and security, unlikely to completely scrap IRA
For all its anti-climate rhetoric, the US government does value the diversification and supply security benefits of clean energy, and views most Inflation Reduction Act (IRA) credits as a way to kickstart an industry, according to the CEO of a Danish fuel producer.
Read MoreDrop in Brazilian sugarcane harvest to tighten market for biofuels carbon credits
Anticipated sugarcane crop failures for the 2025-26 harvest are expected to tighten the supply of ‘CBIO’ carbon credits within Brazil’s RenovaBio biofuels scheme.
Read MoreUS energy corporation targets geothermal eSAF production
A US-based clean fuels developer is planning to produce sustainable aviation fuel (SAF) with geothermal energy.
Read More