WCI Markets: CCAs hover above $30 with limited upside
Benchmark California Carbon Allowance (CCA) prices found support around the $30-handle, but traders questioned whether this level would sustain ahead of the first quarterly permit sale in a few weeks, while activity in Washington Carbon Allowances (WCA) was limited.
Read MoreIowa Republican lawmakers pitch policy package restricting CO2 pipelines
A group of Iowa House Republicans introduced several bills on Thursday that aim to put new regulations on CO2 pipeline development.
Read MoreUS rescinds $4 bln in pledged funding for Green Climate Fund, removes climate stress testing from banks
The administration of US President Donald Trump has rescinded previously pledged funding to the UN’s Green Climate Fund (GCF) amounting to some $4 billion, alongside a pullback of voluntary climate risk determinations from major US banks.
Read MoreUS DOE to advance Trump’s inauguration plans
The US Secretary of Energy appears to be making good on President Donald Trump’s promise to “unleash” fossil fuels with a new order moving forward plans announced in the president’s inaugural speech.
Read MoreNew Jersey judge dismisses state’s climate lawsuit against oil companies
A New Jersey state judge has dismissed a lawsuit filed against several oil giants that sought to hold the oil companies liable for alleged damages wrought by climate change.
Read MoreUS stops funding for LEAF Coalition amid wider foreign aid suspension
Washington has suspended funding for the forest finance LEAF Coalition initiative as part of a wider withdrawal from foreign aid under the new administration of President Donald Trump.
Read MoreForest Stewardship Council verifies biodiversity benefits of first US-based project
A carbon removal developer with huge offtake support verified the first US-based afforestation (ARR) project through the Forest Stewardship Council (FSC), it announced Thursday.
Read MoreCarbon removal developer opens pilot plant in Hawaii
A carbon removal company announced the start of operations at its pilot plant in Hawaii on Thursday.
Read MoreNorth American Clean Fuels Markets: Federal policy uncertainty looms over programmes
California’s Low Carbon Fuel Standard (LCFS) credit prices moved higher even as the programme’s surplus bank hit a new high in Q3 2024, but market observers remained cautious about the impact of ongoing political turbulence in the US and Canada on clean fuel schemes.
Read MoreJudges question standing in case challenging Louisiana’s CO2 well permitting programme
A panel of appellate judges questioned whether a group of environmentalists had standing to challenge the US EPA over its recent decision to grant Louisiana authority over the permitting process for CO2 injection wells.
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