RGGI Market: RGAs trend downward absent regulatory updates, weather support
Into the first few trading days of 2025, benchmark RGGI allowances (RGAs) slipped below $24, with traders having “little confidence” in regulatory updates forthcoming in Q1, and barring above seasonal average cold weather heating demand.
Read MoreUS EPA hands out additional pollution waivers to California ahead of administration change
The US EPA on Monday issued final notices for its decision to grant California waivers from federal pollution regulations, allowing the state to enforce stricter emission standards under the Clean Air Act (CAA) before President-elect Donald Trump assumes office later this month.
Read MoreInternational non-profit cusps $10 bln in assets alongside conservation efforts
An international non-profit looking to help reduce or store 3 gigatonnes of CO2 by 2030 is closing in on $10 billion in assets.
Read MoreWashington sets stage for first quarterly permit sale of 2025
Washington state’s Department of Ecology (ECY) released details for its Q1 allowance auction in March that does not include advance sale permits, according to a notice published by the agency on Monday.
Read MoreUS investment firm seeks funding for carbon projects in the Congo Basin
A New York-based investment firm is seeking funding from corporations and individuals to develop REDD+ carbon projects in the Congo Basin, the company has announced.
Read MoreVermont, oil and gas industry wrangle in fossil fuel compensation lawsuits
Vermont remains embroiled in a pair of lawsuits against the fossil fuel industry – a challenge to its climate superfund legislation and the other case involving the state’s pursuit of compensation from oil and gas companies.
Read MoreUS biodiesel, renewable diesel set for prosperous year after 2024 growth
The US is slated to have surpassed 5 billion gallons of biodiesel and renewable diesel (RD) consumption in 2024, and that momentum is expected to carry into 2025 as sectors continue adopting green fuels.
Read MoreUS Treasury finalises hydrogen production tax credit rules
The US Department of Treasury (DOT) and the Internal Revenue Service (IRS) released on Friday final federal guidance on eligibility for income tax credits in the production of hydrogen established by the Inflation Reduction Act (IRA).
Read MoreClimate finance alliance announces CEO-led restructuring
The UN-launched financial alliance announced its restructuring on Friday along with a shift in focus to address barriers to mobilising capital.
Read MoreNew study finds high-potential solar sites in US overlap with critical habitats
The growing renewable energy development in high-potential Southwestern US territories could negatively impact already threatened wildlife, a study published Thursday said.
Read More
