India open to bring coal into compliance scheme in time
India has left coal-fired power generation out of its compliance carbon market from the outset, but might add the big-emitting sector to the scheme later, a government official said Thursday.
Read MoreCalifornia May diesel, gasoline sales pick up as retail prices soften
California diesel and gasoline consumption in May increased month-on-month as retail prices receded from year-to-date highs in April, state data published this week showed.
Read MoreWCI Markets: CCAs bounce after Q3 auction clear shocks to the downside
California Carbon Allowance (CCA) prices fell to new year-to-date lows following the release of Q3 auction results on Wednesday, recovering through Thursday amidst significant turnover in the secondary market.
Read MoreDemocratic state AGs defend fossil fuel lawsuits from Republican challenge
A group of attorneys general (AGs) from Democrat-led states filed a brief Wednesday in the US Supreme Court (SCOTUS) defending their lawsuits to hold fossil fuel producers responsible for the effects of climate change.
Read MoreColorado adopts regulations to realise state’s geothermal energy potential
Colorado this month adopted a new set of regulations to facilitate geothermal energy development as part of the state’s ongoing effort to reduce its reliance on oil and gas energy sources.
Read MoreUS EPA calls emergency halt appeal to SCOTUS against power plant regulations “meritless”
The Environmental Protection Agency (EPA) defended its power plant rules against an emergency appeal to the US Supreme Court (SCOTUS) that is requesting a stay of the regulation.
Read MoreSuriname offers up 1.5 mln sovereign rainforest carbon credits to corporates
Suriname has offered up 1.5 million sovereign V21 carbon credits, authorised for international trade under Article 6, according to a release Friday.
Read MoreINTERVIEW: Argentine carbon developer bypasses voluntary market, citing barriers to entry
A small-scale carbon project proponent in Argentina has created its own methodology, commissioned an academic verifier, and procured a buyer for its credits at $20 per tonne without a registry listing, having sidestepped the mainstream voluntary market (VCM), noting financial and administrative barriers for similarly sized enterprises in the Global South.
Read MoreEuro Markets: EUAs drift lower amid selling pressure as weaker gas market provides little support
European carbon weakened for much of Thursday’s session as sellers appeared to hold the balance of power, though the benchmark contract moved in a relatively narrow trading range with much of the recent gas-fuelled volatility absent.
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