US EPA confirms year-round E15 use in eight Midwest states
The US EPA on Friday reaffirmed it would allow year-round sales of E15 – gasoline blended with 15% ethanol – across eight states beginning late April.
Read MoreLATAM Roundup: Breakthrough in Paraguay as govt moves to create carbon hub
A long-awaited carbon markets regulation to implement Paraguay’s 2023 law and support the creation of a domestic trading hub launched last week, as Chile saw late-stage approval of its own standard, and Brazilian biofuels entered the crosshairs of US tariffs.
Read MoreCalifornia diesel, gasoline sales and emissions dwindle in November
California diesel consumption in November fell to the second lowest level thus far in 2024, while gasoline volumes dropped month-over-month (MoM) even as retail gas prices continued to decline, state data published this week showed.
Read MoreCFTC: Investors boost CCA holdings again ahead of Q1 auction but pull back in RGGI, LCFS
Financial players continued to add to their net length in California Carbon Allowances (CCAs) leading up to the Q1 auction, but reduced their exposure in the RGGI and Low Carbon Fuel Standard (LCFS) markets, according to latest figures from the US Commodity Futures Trading Commission (CFTC) released Friday.
Read MoreBRIEFING: Oregon considers delay to select 2025 clean truck rules
Oregon regulators discussed a delay in mandating nitrogen oxide (NOx) reductions for heavy-duty vehicles in its first of three rulemaking advisory committee meetings hosted by the state’s Department of Environmental Quality (DEQ) Friday.
Read MoreTexas lawmaker files bill proposing ban of carbon tax, clean fuel standard
A Texas legislator filed a bill last week that would allow Texas voters to decide if the state should be prohibited from ever enacting a carbon tax or a clean fuel standard.
Read MoreUS senators reintroduce legislation to expand financing tool to clean energy projects
A pair of bipartisan US senators reintroduced legislation Thursday that would make clean energy projects eligible for a financing option currently only available to traditional energy projects.
Read MoreNorth American Clean Fuels Markets: LCFS credit prices plummet amid regulatory disapproval
California Low Carbon Fuel Standard (LCFS) credit prices plunged on Wednesday after regulator ARB announced that the state administrator had rejected programme updates, casting uncertainty over the implementation timeline of changes.
Read MoreLCFS Market: Prices tank over 20% overnight after regulatory updates rejected
In light of a California administrator’s disapproval of recent updates to the state’s Low Carbon Fuel Standard (LCFS), credit prices in the secondary market plunged about 22.8% at market open Wednesday.
Read MorePREVIEW: LCFS kerfuffle could impact sub-$30 clear expected for Q1 WCI auction absent regulatory clarity
Most market participants and analysts polled expect California-Quebec’s first quarterly current vintage carbon allowance sale of 2025 to clear between the programme’s floor and $30, amidst uncertainty regarding the timeline of rulemaking, with after-hours complications from Low Carbon Fuel Standard (LCFS) stalled regulatory updates.
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