Restrictive offset language could stunt Oregon forestry projects, developers say
Language inserted into Oregon’s WCI-modelled cap-and-trade proposal could make it difficult for in-state forestry offset projects to get off the ground, numerous developers told Carbon Pulse.
Read MoreUPDATE – Oregon Democrats shy of votes needed to pass ETS bill, Senate President says
Oregon Democrats do not have the votes to pass the cap-and-trade bill at the centre of a Republican walkout, the Senate President said Tuesday.
Read MoreRINs jump on rumours of biofuel waiver review by Trump administration
Prices for biofuel credits (RINs) under the Renewable Fuel Standard (RFS) have climbed in recent days after a news outlet reported President Trump ordered a review of the EPA’s compliance waiver programme for refiners.
Read MoreNew speculators’ holdings remain unchanged amid WCI price declines, govt data shows
New speculators trimmed some length off their California Carbon Allowance (CCA) holdings over the past week, but the group’s large position remained relatively unchanged despite significant price decreases in the WCI cap-and-trade market, according to US Commodity Futures Trading Commission (CFTC) data.
Read MoreLCFS Market: California prices approaching $200 mark
California Low Carbon Fuel Standard (LCFS) prices have continued their steady increase over the month of June as compliance buying has persisted, but some participants have questioned how much further the bull run will last.
Read MoreEmissions exchange operator CBL Markets to merge with data firm Xpansiv
Spot emissions exchange operator CBL Markets will merge with commodity data firm Xpansiv, the companies announced on Monday.
Read MoreWCI auction notice sets volume for next two quarterly sales
California and Quebec will offer more than 66 million current vintage allowances in each of the next two quarterly sales, with the August volume roughly identical to the May auction supply, according to regulator data released Friday.
Read MoreOregon Democrats not entertaining amendments on ETS bill despite GOP boycott
Oregon Democrats will not be entertaining any amendments to their cap-and-trade bill after Republican senators decided to walk out in protest over over the proposal, a state senator told Carbon Pulse.
Read MoreCalifornia lawmakers urge adoption of Tropical Forest Standard
Four California assemblymembers asked state regulator ARB this week to adopt the Tropical Forest Standard (TFS) for international sector-based offset programmes despite ongoing disagreement and environmental justice opposition to the proposal.
Read MoreNA Markets: California carbon allowances see steep drop, RGGI flattens on New Jersey finalisation
California Carbon Allowance (CCA) prices dropped significantly on the secondary market this week as aggressive sellers caused the first major retracement since this spring’s bull run began, while RGGI allowances (RGA) dipped slightly amid New Jersey finalising its regulations to join the nine-state ETS.
Read More