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3 weeks ago | 
carbon-pulse.com | Joan Pinto
RGGI Market: Q2 allowance sale settles sub-$20 along market expectationsThe second 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. The second 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.
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3 weeks ago | 
carbon-pulse.com | Joan Pinto |Graham Gibson
WCI Markets: CCAs subdued amidst subsurface churnCalifornia Carbon Allowances (CCA) held steady despite heavy futures and options volumes as the market awaits resolution of federal and regulatory risks, while trade in Washington Carbon Allowances (WCA) declined into the Q2 auction.
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3 weeks ago | 
carbon-pulse.com | Joan Pinto
Large hedge fund parts ways with North American environmental products headThe North American head of an environmental trading desk with a US-headquartered multinational hedge fund has left the firm, Carbon Pulse has learned. The North American head of an environmental trading desk with a US-headquartered multinational hedge fund has left the firm, Carbon Pulse has learned. A Carbon Pulse subscription is required to read this content.
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3 weeks ago | 
carbon-pulse.com | Joan Pinto
US transportation department puts California's high-speed rail on alert of potential loss of $4 bln federal fundingThe US Department of Transportation (DOT) released a report Wednesday finding California's high-speed rail project to be in default of the terms of two federal grants totalling roughly $4 billion.
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3 weeks ago | 
carbon-pulse.com | Graham Gibson |Joan Pinto
PREVIEW: Traders expect settlement around front-month futures, analysts foresee reserve release at Q2 Washington auctionTraders said they expected the Q2 sale on Wednesday to clear within a $1-2 range of front month Washington Carbon Allowances (WCAs), while most analysts projected the potential for a higher settle that would release reserve volumes.
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3 weeks ago | 
carbon-pulse.com | Bijeta Lamichhane |Joan Pinto
PREVIEW: Federal risks, programme fundamentals shape RGGI Q2 auction outlookA majority of the traders expected the Q2 RGGI carbon permit auction on Wednesday to clear close to secondary market levels, with few anticipating a discount, as observers considered a mix of federal threats, regulatory delays, and programme fundamentals that could shape the outcome.
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3 weeks ago | 
carbon-pulse.com | Joan Pinto
White House budgetary office proposes over 50% in budget cuts to EPA for 2026The White House released supplementary details of plans to slash spending in 2026 as the Senate debates the fiscal year 2025 budget reconciliation package. The White House released supplementary details of plans to slash spending in 2026 as the Senate debates the fiscal year 2025 budget reconciliation package. A Carbon Pulse subscription is required to read this content.
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3 weeks ago | 
carbon-pulse.com | Joan Pinto
California infrastructure coalition outlines priorities as tussle for cap-and-trade revenues heats upA recently formed coalition of California infrastructure businesses and labour union groups laid out their funding priorities from cap-and-trade auction revenues as lawmakers work on programme re-authorisation.
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4 weeks ago | 
carbon-pulse.com | Joan Pinto |Graham Gibson
CFTC: Investors cautiously reduce exposure on V25 CCA, RGGI, LCFS as futures prices weakenInvestors pared down net length in V25 California Carbon Allowances (CCAs) to November levels in wake of tempered expectations for the Q2 auction, while closing out their RGGI Allowance (RGA) and Low Carbon Fuel Standard (LCFS) long holdings in the face of regulatory uncertainty, according to US Commodity Trading Futures Commission's (CFTC) data published Friday.
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4 weeks ago | 
carbon-pulse.com | Joan Pinto
WCI Markets: First undersubscribed auction in nearly 5 years hits the floor in Q2The Q2 California-Quebec current vintage carbon auction settled at the floor price in line with secondary market prices and tempered market expectations, as California Carbon Allowance (CCA) futures have weakened through May in the face of unresolved federal risks and prolonged reauthorisation negotiations with state lawmakers.
