US EPA revisiting 2009 Endangerment Finding “crucial” to rational energy regulation -media
The US EPA released Friday an editorial from the Wall Street Journal (WSJ) that explored the legal basis of the agency’s formal reconsideration of the 2009 Endangerment Finding announced earlier this week, ahead of expected lawsuits.
Read MoreCFTC: Auctions drive compliance positioning, LCFS optimism catches speculators
Compliance entities reduced net length across North American carbon markets around first quarter allowance auctions, while investors added Low Carbon Fuel Standard (LFS) length after prospects of a Q1 2025 implementation of programme updates fuelled optimism, latest figures from the US Commodity Futures Trading Commission (CFTC) showed Friday.
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 MoreCERAWeek: DAC has “special role” in diversified CDR portfolio -Microsoft
A representative from the US-based tech giant said that direct air capture (DAC) plays a “special role” within its diversified carbon removals (CDR) portfolio during a discussion at CERAWeek.
Read MoreEnvironmental group gears up for fight against US EPA over regulatory rollback
A US environmental group is gearing up for a legal fight against the US EPA’s rollback of a slate of regulations that reversed the core foundation of the nation’s environmental policy.
Read MoreCERAWeek: Global CBAMs “will be a feature, not a bug” moving forward -panellists
Carbon border adjustment mechanisms (CBAMs) are expected to continue to grow across the globe and play a prominent role in trade relations in the coming years, experts said at the CERAWeek conference.
Read MoreItalian airline partners with Google-backed DAC startup to explore CDR projects
An Italian air carrier announced Thursday it has signed a two-year agreement with a Google-backed direct air capture (DAC) startup to explore carbon credits projects.
Read MoreUPDATE – RGGI Market: Q1 auction clears in line with secondary market and trader expectations, CCR sold out
The first RGGI cap-and-trade auction of 2025 settled in line with RGGI Allowances (RGAs) in the secondary market the day before the sale, and below $20 as many market participants had expected, with Cost Containment Reserve (CCR) volumes cleared out.
Read MoreWCI Markets: ARB’s latest ISOR tangle crushes CCAs again, WCAs ride high post Q1 sale
California regulator ARB shifting goalposts in releasing the Initial Statement of Reasons (ISOR) signalling formal ETS rulemaking once again pummelled California Carbon Allowances (CCA) prices, while Washington Carbon Allowances (WCA) gained momentum after a strong first quarterly permit sale earlier this week.
Read MoreUS think-tank estimates IRA costs upwards of $2 trillion by 2035, recommends full repeal
A US think-tank estimated Inflation Reduction Act (IRA) costs to top out at almost $2 trillion over the next ten years and continued to advocate for a full repeal of the landmark legislation.
Read More
