Quebec aiming to finish compliance forestry protocol this summer
Quebec intends to finalise its forestry offset protocol for its WCI-linked cap-and-trade programme this summer and open the proposal up for public consultation, a government spokesperson told Carbon Pulse.
Read MoreUS airline Delta sets out $1 bn CO2 neutrality goal that minimises offsets use
US-based Delta Air Lines announced Friday that it will invest $1 billion to achieve carbon neutrality from its global business starting in March, but said it would limit its reliance on offsets in the long-run.
Read MoreIndia’s cKinetics acquires carbon market data firm CaliforniaCarbon.info
Delhi-based sustainability advisory firm cKinetics has acquired carbon market news and data platform CaliforniaCarbon.info, Carbon Pulse has learned.
Read MoreOregon advances WCI-modelled ETS bill with prolonged fuel sector phase-in
Oregon Senate Democrats passed the state’s controversial ETS legislation out of committee on Thursday evening after making further concessions to the carbon market’s fuel sector phase-in and other areas to appease critics.
Read MoreRFS Market: RINs hit year-highs on reports of compliance waiver negotiation
US biofuel credit (RIN) prices continued their recent bull run this week as reports surfaced that the EPA will meet with Renewable Fuel Standard (RFS) stakeholders over possible changes to the programme’s compliance waiver process, a response to a significant court decision last month.
Read MoreRGGI compliance entities ramp up holdings in Q4 2019 as traded volume increases
Compliance-oriented entities markedly increased their RGGI allowance holdings during Q4 of 2019 amid higher trading activity and rising prices, according to the quarterly market monitor published Thursday.
Read MoreNA Markets: California prices droop as auction nears, while RGGI units inch higher
California Carbon Allowance (CCA) prices slid this week as traders adjusted positions ahead of the first WCI auction of 2020, while a significant reaction in RGGI Allowances (RGAs) failed to materialise after Virginia legislators approved a bill to implement the state’s power sector ETS.
Read MoreANALYSIS: California offset prices on the rise after invalidation case ends
California Carbon Offset (CCO) prices have increased in recent weeks on a variety of factors, including the ARB’s recent invalidation of nearly 20,000 credits, market participants said.
Read MoreCalifornia mints WCI offsets to project involved in invalidation case
California regulator ARB granted 314,200 new California Carbon Offsets (CCOs) this week, including nearly 19,000 credits from a livestock project involved in last month’s invalidation ruling, according to data published Wednesday.
Read MoreOil major BP deepens long-term climate targets, leaves details for later
Oil major BP set a new voluntary 2050 climate goals on Wednesday, pledging to achieve zero emissions from its operations and to halve the carbon intensity of its products.
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