Impact investor takes majority share in Houston-based environmental commodity firm
A global impact investor has acquired a majority stake in a Houston-based carbon and biofuel credits trading firm, the two parties announced Tuesday.
Read MoreUS energy companies sue commodity trader over unfilled RFS credits
Two obligated parties under the US Renewable Fuel Standard (RFS) have filed separate lawsuits against a Texas-based commodity shop for failing to deliver biofuel credits (RINs) in fulfilment of contractual obligations.
Read MoreUS Supreme Court takes up refiner-led lawsuit over biofuel compliance waivers
The US Supreme Court announced Friday that it would review a lower court’s ruling that severely curtailed the EPA’s ability to issue compliance waivers under the Renewable Fuel Standard (RFS), with a future decision potentially adding downside pressure to biofuel credit (RIN) prices that have soared to three-year highs.
Read MoreNew York, Washington state lawmakers introduce LCFS legislation
New York and Washington Democrats pre-filed low-carbon fuel standard (LCFS) bills ahead of the start of each state’s legislative sessions, building on increased subnational momentum in recent months to enact the market-based clean fuels programmes.
Read MoreRFS Market: RIN prices trend toward $1 mark and set new three-year high
US biofuel credit (RIN) prices under the Renewable Fuel Standard (RFS) set a fresh three-year high this week on a lack of sellers and as a federal administration under President-elect Joe Biden (D) gets set to take office later this month.
Read MoreMassachusetts to pursue 100% zero-emissions vehicle mandate and regional LCFS
Massachusetts will follow California’s lead in phasing out sales of new gas-powered light-duty vehicles by 2035, as well as implementing a regional low-carbon fuel standard (LCFS) to operate alongside the Transportation & Climate Initiative (TCI) carbon market, Governor Charlie Baker’s (R) administration announced last week.
Read MoreCanada releases draft Clean Fuel Standard regulations after narrowing scope
The Canadian government on Friday released draft regulations to implement a Clean Fuel Standard (CFS), roughly a week after Prime Minister Justin Trudeau’s administration announced plans to trim the scope of the programme.
Read MorePresident-elect Biden to tap North Carolina regulator to lead US EPA -reports
US President-elect Joe Biden is expected to nominate North Carolina environmental regulator Michael Regan to led the EPA, Reuters reported Thursday.
Read MoreRFS Market: RIN prices approach year high as market awaits 2021 quotas
US biofuel credit (RIN) values edged toward a new 2020 high on Wednesday as the EPA prepares to publish next year’s long-delayed Renewable Fuel Standard (RFS) quotas by the end of the month.
Read MoreWashington governor restarts pursuit of cap-and-trade, LCFS programmes
Washington Governor Jay Inslee (D) on Tuesday outlined his climate policy package for the 2021-23 legislative session, teaming up with Democratic lawmakers to pursue emissions trading and low-carbon fuel standard (LCFS) proposals that have repeatedly fallen short in the state in recent years.
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