Washington carbon tax

Nodal Exchange Achieves New Records With 65% Growth in Power and 10% Growth in Environmental Futures

Retrieved on: 
Thursday, October 5, 2023
Environmental Health, Other Energy, Nuclear, Utilities, Green Technology, Oil, Gas, Coal, Alternative Energy, Environment, Energy, Sustainability, Carbon, RGGI, Regional Greenhouse Gas Initiative, REC, Wind, Risk, LCFS, Guarantee of origin, Washington carbon tax, FSM, Growth, CRS, Exchange, PJM, Nodal, Cryptocurrency, Rare-earth element, Q3

Nodal Exchange today announced significant growth in both power and environmental futures in the month of September.

Key Points: 
  • Nodal Exchange today announced significant growth in both power and environmental futures in the month of September.
  • For Q3 2023, Nodal reported environmental futures and options volume of 84,745 lots, up 27% from 66,984 lots in Q3 2022.
  • Environmental markets on Nodal ended September with more that 270,000 lots of open interest, up 32% from a year earlier.
  • “Nodal Exchange is pleased to see continued growth in our power and environmental markets and appreciates the ongoing support of its community," said Paul Cusenza, Chairman and CEO of Nodal Exchange and Nodal Clear.

Nodal Exchange to Launch the First-Ever Washington Carbon Allowance Vintage Specific and Washington Clean Fuels Program Futures Contracts in Collaboration with IncubEx

Retrieved on: 
Monday, July 31, 2023
Environmental Health, Other Energy, Nuclear, Utilities, Green Technology, Oil, Gas, Coal, Alternative Energy, Environment, Energy, Sustainability, Carbon, Transfer, WCA, CFP, Informal value transfer system, University of Washington Department of Global Health, GHG, Multimedia, CCA, Exchange, CCO, Regional Greenhouse Gas Initiative, Washington carbon tax, PUD No. 1 of Jefferson County v. Washington Department of Ecology, RGGI, Growth, Credit Bank, Renewable energy, Ecology

Nodal Exchange and IncubEx announced today the planned launch of Washington Carbon Allowance (WCA) Vintage Specific futures and Washington Clean Fuels Program (CFP) futures contracts.

Key Points: 
  • Nodal Exchange and IncubEx announced today the planned launch of Washington Carbon Allowance (WCA) Vintage Specific futures and Washington Clean Fuels Program (CFP) futures contracts.
  • These new contracts will extend Nodal’s offering which currently includes the only physically-delivered renewable fuels contracts on California’s Low Carbon Fuel Standard and Oregon’s Clean Fuels Program.
  • The new contracts expand on the pioneering Washington Carbon Allowance futures launched in December 2022 and WCA options contracts listed in January 2023 on Nodal Exchange.
  • The WCA Vintage Specific futures contracts join the slate of North American listed carbon products on Nodal Exchange including: California Carbon Allowance (CCA), California Carbon Allowance Vintage Specific, California Carbon Offset (CCO) futures, and Regional Greenhouse Gas Initiative (RGGI) futures and options.

First Washington Carbon Allowance Futures Trades on Nodal Exchange

Retrieved on: 
Tuesday, December 6, 2022
Environment, Other Energy, Environmental Health, Utilities, Oil, Gas, Coal, Sustainability, Alternative Energy, Energy, Nuclear, Carbon, Shell, REC, Washington carbon tax, Trading strategy, Shell Energy, Royal Dutch Shell, Western Climate Initiative, Renewable fuels, RGGI, BGC, European Climate Exchange, Risk management, CO2, Exchange, European Energy Exchange, Multimedia, Growth, EEX, WCA, LCFS, Climate change, OCFP, CFTC, Renewable energy, Nodal

Nodal Exchange and IncubEx announced today the successful launch of the Washington Carbon Allowance (WCA) futures contract, along with the first trade in the contract, on December 5th.

Key Points: 
  • Nodal Exchange and IncubEx announced today the successful launch of the Washington Carbon Allowance (WCA) futures contract, along with the first trade in the contract, on December 5th.
  • Nodal Exchange posted volume of 25 lots of Washington Carbon Allowance futures, equivalent to 25,000 WCAs at a price of $35.00/MT for December 2023 delivery.
  • The Nodal WCA futures contract is the first exchange-listed and cleared contract corresponding with the Washington carbon Cap-and-Invest program, the newest carbon market in North America.
  • The futures contracts call for delivery of Washington Carbon Allowances in the Washington Compliance Instrument Tracking System Services (CITSS) registry.